Question: Please help!! Compute each periodic interest rate, as a decimal, given the nominal interest rate and compounding period. (Round your answers to four decimal places.)
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Compute each periodic interest rate, as a decimal, given the nominal interest rate and compounding period. (Round your answers to four decimal places.) (a) 8.88% per year, compounded quarterly x (b) 9.55% per year, compounded semiannually x (c) 7.03% per year, compounded daily x cent.) You owe them \$
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