146. The effective annual interest rate is given to be 19.2%. What is the nominal interest rate...

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146. The effective annual interest rate is given to be 19.2%. What is the nominal interest rate per year (r)

if continuous compounding is being used? Choose the closest answer below. (4.16)

(a) 19.83%

(b) 18.55%

(c) 17.56%

(d) 16.90%

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