Question: Convert 4.01% compounded quarterly to an equivalent interest rate compounded semi-annually. Round the effective rate to four decimal places, round the final answer to two
Convert 4.01% compounded quarterly to an equivalent interest rate compounded semi-annually. Round the effective rate to four decimal places, round the final answer to two decimal places. NOM (1) = % C/Y (1) = EFF = % (4 decimal places) NOM (2) = % C/Y (2) =
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