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Under which circumstance is the effective interest rate over a 3-month period equal to 25% of the quoted nominal interest rate per annum? A. when

Under which circumstance is the effective interest rate over a 3-month period equal to 25% of the quoted nominal interest rate per annum?

A. when interest is compounded quarterly. B. when interest is compounded semi-annually. C. when interest is compounded annually. D. when interest is compounded 2.5 times a year.

Please provide an explanation as well :)

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