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Find the Effective Annual Interest Rate of 10% Per Year reff =r _ { \text {eff } } =

Question 99

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Find the effective annual interest rate of 10% per year compounded annually, semiannually, quarterly, and monthly. Round the answers to 0.01%.
nominal rate compound annually reff =r _ { \text {eff } } = __________ % per year
nominal rate compound semiannually reff =r _ { \text {eff } } = __________ % per year
nominal rate compound quarterly reff =r _ { \text {eff } } = __________ % per year
nominal rate compound monthly reff =r _ { \text {eff } } = __________ % per year

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10.00; 10....

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