Your bank is oMering you an account that will pay 23% intorest (an effective tovo-year rate) in totak for a two-year depesit. Dwiermine the equkalent discount rate for the follawing periode. a. 5 months b. One year c. One mont (Note: Be camefid not to round any intermodiate stops loss than wx decimad places,) a. 5 six monthe The equivalent discount rate for a peciod kangth of six montes is W. (Round to two decimat places) b. Cae year The equevaiont discount rate for a penod longth of one year is (W. (Round to lwo decimal places.) c. Ono manth The equivalent dicount rale for a period length of one month is 2. (Round to three decimal places.)