Question: Compute the periodic interest rate, as a decimal, given a nominal interest rate and compounding period. Round your answers to four decimal places. a. 12.78%,

Compute the periodic interest rate, as a decimal, given a nominal

Compute the periodic interest rate, as a decimal, given a nominal interest rate and compounding period. Round your answers to four decimal places. a. 12.78%, monthly Periodic Interest Rate (as a decimal) b.9.32%, semiannually Periodic Interest Rate (as a decimal) c. 6.11%, quarterly Periodic Interest Rate (as a decimal) GO

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