Question: Given r = 9 % per year, compounded monthly; find the Effective Monthly Rate. ( 5 pts ) 7 ) Given, 9 % per year,

Given r =9% per year, compounded monthly; find the Effective
Monthly Rate. (5 pts)
7) Given, 9% per year, compounded quarterly; what is the
Effective Rate per Quarter? (5 pts)
8) Given, 4.5% per 6 months

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