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#2. A bank offers 9.00% on savings accounts. What is theeffective annual rate if interest is compounded continuously?Answer format: Percentage Round to: 4decimal places (Example:
#2. A bank offers 9.00% on savings accounts. What is theeffective annual rate if interest is compounded continuously?Answer format: Percentage Round to: 4decimal places (Example: 9.2434%, % sign re 2 answers
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Business Math
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
10th edition
133011208, 978-0321924308, 321924304, 978-0133011203
