Question: Calculate the equivalent periodic interest rate per payment interval for the following annuity Semi-annual payments earning 6% compounded monthly O 5.00000% O 3.03775% O 3.08771%

Calculate the equivalent periodic interest rate per payment interval for the following annuity Semi-annual payments earning 6% compounded monthly 

O 5.00000% 

O 3.03775% 

O 3.08771% 

0 2.97233% 

O 0.83161%

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