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Question 4 For a nominal interest rate of 12% per year, determine the effective rates per year for quarterly compounding O 12.68% 9.50% 11.5896 12.55%

Question 4 For a nominal interest rate of 12% per year, determine the effective rates per year for quarterly compounding O 12.68% 9.50% 11.5896 12.55% O

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