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What is the difference between these two questions, please An interest rate is 12% per annum with semiannual compounding. What is the equivalent rate with
What is the difference between these two questions, please
An interest rate is 12% per annum with semiannual compounding. What is the equivalent rate with quarterly compounding?
An interest rate is 12% when expressed with quarterly compounding. What is the equivalent rate with semiannual compounding?
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