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What rate compounded quarterly is equivalent to (a) 10% effective, (b) 10% compounded monthly, (c) 10% simple interest for two years, and (d) 10% simple
What rate compounded quarterly is equivalent to (a) 10% effective, (b) 10% compounded monthly, (c) 10% simple interest for two years, and (d) 10% simple discount rate for 2 years?
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