The same disability insurance policy offers four alternative premium payment plans: an annual premium of $666.96, semiannual

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The same disability insurance policy offers four alternative premium payment plans: an annual premium of $666.96, semiannual premiums of $341.32, quarterly premiums of $173.62, or monthly premiums of $58.85. In every case, the premiums are payable in advance. What effective rate of interest is the insurance company charging clients who pay their premiums:
a. Semiannually?
b. Quarterly?
c. Monthly?
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