Question: Question 9 0 . 0 6 pts A nominal interest rate of 1 0 % per year, compounded monthly, is most closely: 4 . 9

Question 9
0.06 pts
A nominal interest rate of 10% per year, compounded monthly, is most closely:
4.98% per six months
5.11% per six months
1% per month
10% per year
Question 9 0 . 0 6 pts A nominal interest rate of

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