Question: please explain and show steps. If you don't know how to do it please do not answer Fnd the nominal interest rate concertible 4 time

please explain and show steps. If you don't know how to

please explain and show steps. If you don't know how to do it please do not answer

Fnd the nominal interest rate concertible 4 time per Year conech is equacicalent to a rate of annual compound interest rate of 3%/0

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