Question: You are currently earning 1 5 % compounded semiannually. Your investment company is switching all accounts to monthly compounding. What rate will give you the

You are currently earning 15% compounded semiannually. Your investment company is switching all accounts to monthly compounding. What rate will give you the same effective annual rate of return as you are receiving now?
12.43%
10.58%
10.27%
14.55%
 You are currently earning 15% compounded semiannually. Your investment company is

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