1. For the following equation: (1+j/m) M=(1+r)", where j=0.19 and m=12 and n=6, the value of r is (expressed as a number rounded to the nearest four decimal places; e.g 0.05623 is expressed .0562): Select one: O a. 0.1915 O b. 0.0319 c. 0.2885 O d. 0.3830