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The interest rate is 1 4 % per year compounded quarterly. Determine the following. The effective interest rate is Using the calculated effective interest rate,

The interest rate is 14% per year compounded quarterly. Determine the following.
The effective interest rate is
Using the calculated effective interest rate, express the interest rate as
_% per month
compounded monthly.
Using the calculated effective interest rate, express the interest rate as
_% per year
compounded semi-annually.

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