Question: I need answer now Find the annual effective interest rate equivalent 12% compounded quarterly. a. 12.55% O b. 1.125% O c. 1.25% O d. 11.25%

I need answer now Find the annual effective interest rate equivalent

I need answer now

Find the annual effective interest rate equivalent 12% compounded quarterly. a. 12.55% O b. 1.125% O c. 1.25% O d. 11.25%

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