Question: please help asap Question 1 (10 points) An interest rate is 11% per annum with continuous compounding. What is the equivalent rate with quarterly compounding?

 please help asap Question 1 (10 points) An interest rate is

please help asap

Question 1 (10 points) An interest rate is 11% per annum with continuous compounding. What is the equivalent rate with quarterly compounding? (Answer in percent with two decimals. e.g. example 6.25) Your Answer: ho Answer Question 2 (10 points) An interest rate is 7% per annum with annual compounding. What is the equivalent rate with continuous compounding? (Answer is in percentage with two decimal place example 6.25)

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