Question: Convert 5.56% 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 5.56% compounded quarterly to an equivalent interest rate compounded semi-annually.

Convert 5.56% 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) TO 00 NOM (2) CIY (2) - Submit Question SO 3 888 2 N # 3 $ 4 % 5 6 & 7 Q W 8 E R T Y U A S D F G

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