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Tour bunkis omening you an account that wil pay 22% interest (an effective fwo-year rate) in total for a two-yeat deposit. Determine the equivalent discount

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Tour bunkis omening you an account that wil pay 22% interest (an effective fwo-year rate) in total for a two-yeat deposit. Determine the equivalent discount rate for the following periods: a. Sx months b. One year c. One month (Note: Be careful not to round any intermediate sfeps less than six decimal places.) a. Sax months The equivalent discount rate for a period length of six months is 4. (Round to two decimal places.) b. One yoar The oquivalent discount rate for a period length of one year is \%. (Round to two decimal places.) c. One month The equivasent dscount rate for a period longth of one month is 4. (Round to three decimal places,)

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