Question: Convert 2.21% compounded monthly to an equivalent interest rate compounded quarterly. Round the effective rate to four decimal places, round the final answer, NOM(2), to

Convert 2.21% compounded monthly to an equivalent interest rate compounded quarterly. Round the effective rate to four decimal places, round the final answer, NOM(2), to four decimal places NOM (1) - C/Y (1) - EFF NOM (2) - C/Y (2)

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