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2. If the quoted rate is 10% compounded continuously, then the effective annual rate is: A) 0.175 B) 0.165 C) 0.155 D) 0.145 E) 0.135

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2. If the quoted rate is 10% compounded continuously, then the effective annual rate is: A) 0.175 B) 0.165 C) 0.155 D) 0.145 E) 0.135 F) 0.125 G) 0.115 H) 0.105 3. Five years ago, you invested $2000. Today it is worth $2800. The rate of interest did you carn is: A)0.1269B)0.1169C)0.1069D)0.0969 E) 0.0896 F) 0.0796 G) 0.0696 H) 0.0596

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