Question: Use formula to solve this problem (No Excel Please) Question 3 If the nominal rate of interest convertible three times a year is 3.5% find

Use formula to solve this problem (No Excel Please)

Question 3 If the nominal rate of interest convertible three times a year is 3.5% find the corresponding equivalent nominal annual rate of discount convertible every 3 months A. 0.10188 8.0.034646 G. The answer does not appear here D. 0.008662 E 0.135266

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