Question: Determine the nominal rate (two decimals) equivalent to the given a. annual effective rate : i (1) = 6%, determine i(2) i (1) = 10%,

Determine the nominal rate (two decimals) equivalent to the given

a. annual effective rate :

i (1) = 6%, determine i(2)

i (1) = 10%, determine i(12)

i (1) = 17%, determine i(365)

b. nominal rate:

i (2) = 8%, determine i(6)

i (12) = 18%, determine i(4)

i (52) = 4%, determine i(365)

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