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borteleto borteleto
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Posts: 2477
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6 years ago
One bank offers you 4% interest compounded semiannually. What would the equivalent rate be if interest were compounded quarterly?
A) 3.98%
B) 3.96%
C) 3.92%
D) 1.00%
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Marc18Marc18
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#1
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6 years ago
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borteleto Author
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#2
6 years ago
White Heavy Checkmark Correct!
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