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0/0.5 points Question 8 Mr. Miser loans money at an annual rate of 21 percent. Interest is compounded daily. What is the actual rate Mr.

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0/0.5 points Question 8 Mr. Miser loans money at an annual rate of 21 percent. Interest is compounded daily. What is the actual rate Mr. Miser is charging on his loans? a) 22.96 percent b) 23.21 percent c)23.08 percent d) 23.43 percent e) 23.36 percent

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