Construct a spreadsheet to convert a nominal interest rate compounded m times per year i(m) and convert it to an effective rate jn per 1 of a year. On the same spreadsheet, also start with an effective rate jm per 1/m of a year and convert it to a nominal rate i(n) compounded n times per year. Use your spreadsheet to solve the following two problems:

a) Given the nominal rate i(365) = 2.875%, find the equivalent effective quarterly rate.

b) Given the effective quarterly rate j4 = 0.721%, find the equivalent nominal rate i(365).

spreadsheet should look like this: