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(1 point) What are the effective annual rates for an account paying an annual interest rate of 10% which is compounded: (a) annually? % (b)

(1 point) What are the effective annual rates for an account paying an annual interest rate of 10% which is compounded: (a) annually? % (b) quarterly? (c) daily (assuming there are 365 days in the year)? (d) continuously? 96

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