Question: If we change the interest rate from compounded semiannually to compounded monthly the effective interest rate will: Select one: Be (o0) Not change Increase

If we change the interest rate from compounded semiannually to compounded monthly

If we change the interest rate from compounded semiannually to compounded monthly the effective interest rate will: Select one: Be (o0) Not change Increase Decrease

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If we change the interest rate from compounded semiannually to compounded monthly the effective interest rate will: Select one: a). Not change b). Increase c). Decrease

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