Question: please show formulas 11) Given 12% per year compounded quarterly what is the equivalent rate per month compounded semi-annually? a) 1.02% b) 1.36% c) 5.94%

please show formulas please show formulas 11) Given 12% per year compounded quarterly what is

11) Given 12% per year compounded quarterly what is the equivalent rate per month compounded semi-annually? a) 1.02% b) 1.36% c) 5.94% d) 36.54% e) 75.31%

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