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Find the Effective Rate Corresponding to the Given Nominal Rate

Question 218

Multiple Choice

Find the effective rate corresponding to the given nominal rate. Round your answers to two decimal places. 15% / year compounded semiannually Find the effective rate corresponding to the given nominal rate. Round your answers to two decimal places. 15% / year compounded semiannually _____% 9% / year compounded quarterly _____% A) 9.31%, 9.38% B) 9.38%, 9.42% C) 15.56%, 9.31% D) 9.31%, 9.42% _____%
9% / year compounded quarterly Find the effective rate corresponding to the given nominal rate. Round your answers to two decimal places. 15% / year compounded semiannually _____% 9% / year compounded quarterly _____% A) 9.31%, 9.38% B) 9.38%, 9.42% C) 15.56%, 9.31% D) 9.31%, 9.42% _____%


A) 9.31%, 9.38%
B) 9.38%, 9.42%
C) 15.56%, 9.31%
D) 9.31%, 9.42%

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