Question: Urgent please. Correct answers only!!! Exercise 2: 2- If you consider 6.25% as a nominal interest rate, find the corresponding effective rate per quarter compounded

Urgent please. Correct answers only!!!

Exercise 2: 2- If you consider 6.25% as a nominal interest rate, find the corresponding effective rate per quarter compounded daily and continuously. Answer b- Based on these results, if you are a banker, which option you will offer to a customer who wish to set up a saving account (compounded daily or continuously interest rate). Explain

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