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  • 08-12-2022
  • Business
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Compute the periodic interest rate, as a decimal, given a nominal interest rate and compounding period. Round your answers to four decimal places. a. 2.49%, quarterly Periodic Interest Rate (as a decimal) = b.9.74%, weekly Periodic Interest Rate (as a decimal) = c. 4.85%, annually Periodic Interest Rate (as a decimal) =

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