Find the periodic rate that corresponds to the given compound rate, if the rate is compounded as fo?
15%(a) quarterly (b) monthly (c) daily (d) biweekly (every two weeks) (e) semimonthly (twice a month) or:15%(a) quarterly (b) monthly (c) daily
15%
(a) quarterly
(b) monthly
(c) daily
(d) biweekly (every two weeks)
(e) semimonthly (twice a month)
or:15%(a) quarterly (b) monthly (c) daily (d) biweekly (every two weeks) (e) semimonthly (twice a month)
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