Question: For each interest rate below, match it with an equivalent interest rate from the following list. If they don't match exactly, choose the best match
For each interest rate below, match it with an equivalent interest rate from the following list. If they don't match exactly, choose the best match for each.
1. Doesn't match any of the others.
2. i(4)= 4.00% (nominal rate, compounded quarterly)
3. i = 0.75% effective monthly rate
4.i = 6.09% effective annual rate
5. i(2)= 10.00% (nominal rate compounded semi-annually)
- i(2)= 6% (nominal rate, compounded semi-annually)
- i = 4.06% effective annual rate
- i(12)= 9.00% (nominal rate compounded monthly)
- i = 2.47% effective quarterly rate
- i(4)= 10% (nominal rate compounded quarterly)
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