(1+0.062)2-1
Divide 0.06 by 2.
(1+0.03)2-1
Add 1 and 0.03.
1.032-1
Raise 1.03 to the power of 2.
1.0609-1
1.0609-1
Subtract 1 from 1.0609.
0.0609
Evaluate (1+0.06/2)^2-1
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