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Under what circumstance is the quoted nominal interest rate per annum equal to 2 times the effective interest rate over a 3-month period? A. when

Under what circumstance is the quoted nominal interest rate per annum equal to 2 times the effective interest rate over a 3-month period?

A. when the nominal interest is compounded quarterly.

B. when the nominal interest is compounded semi-annually.

C. when the nominal interest is compounded annually.

D. None of above.

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