Given a nominal interest rate of 6.5% compounded semi-annually, compute: a) The equivalent nominal rate of...

Given a nominal interest rate of 6.5% compounded semi-annually, compute:

a) The equivalent nominal rate of discount compounded quarterly

b) The equivalent constant force of interest

Expert Solution

jeff jeffy answered 2 years ago

What nominal rate per annum compounded weekly is equal to 9.5% p.a. compounded semi-annually?

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