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Show with solutions. An amount of Piooo becomes P1608.44 after 4 years compounded bi-monthly. Find the nominal rate of interest, the effective rate of interest,

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An amount of Piooo becomes P1608.44 after 4 years compounded bi-monthly. Find the nominal rate of interest, the effective rate of interest, and the equivalent rate of interest if it is compounded quarterly. . A. 11% ; 12.623% ; 11.42% . B. 12% ; 11.06% ; 12.724% . C. 12% ; 12.616% ; 12.06% . D. 11% ; 11.664% ; 11.93%

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