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Lada Lada
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7 years ago
You have an interest rate of 8.44% compounded quarterly. What is the equivalent effective annual interest rate?
A) 7.81%
B) 7.71%
C) 8.71%
D) 8.91%
E) 9.71%
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Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
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7 years ago
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