Question: Calculate the nominal interest p.a. compounded half-yearly that is equivalent to 2.6% p.a. compounded quarterly. (Correct your answer to the nearest 0.01%, e.g. 2.12%)

Calculate the nominal interest p.a. compounded half-yearly that is equivalent to 2.6% p.a. compounded quarterly. (Correct your answer to the nearest 0.01%, e.g. 2.12%)

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