Question: need it asap with calculation please What is the effective annual return for the following scenarios respectively? 1) An account that pays 6.00% nominal interest

need it asap with calculation please

What is the effective annual return for the following scenarios respectively? 1) An account that pays 6.00% nominal interest with annual compounding. 2) An account that pays 6.00% nominal interest with quarterly compounding. 3) An account that pays 6.00% nominal interest with monthly compounding. 4) An account that pays 6.00% nominal interest with daily compounding

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