Find the nominal annual discount rate find the effective, Financial Management

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Find the nominal annual discount rate find the effective

Suppose that $100 is deposited into a savings account, earning at a discount rate of 0.15% biweekly, at the beginning of year 2006.

(a) Find the nominal annual discount rate.

(b) Find the effective annual discount rate.

(d) Find the equivalent effective annual interest rate.

(e) Find the equivalent nominal annual interest rate, convertible monthly.

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Financial Management: Find the nominal annual discount rate find the effective

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