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. 10.25%,

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. 10.25%, weekly Periodic Interest Rate (as a decimal) = 19.7115 b. 12.55%, daily Periodic Interest Rate (as a decimal) = 3.4384 c. 3.72%, annually Periodic Interest Rate (as a decimal) = 372

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