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23 A bank offers 7.00% on savings accounts. What is the effective annual rate if interest is compounded semi-annual Submit Answer format: Percentage Round to:

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23 A bank offers 7.00% on savings accounts. What is the effective annual rate if interest is compounded semi-annual Submit Answer format: Percentage Round to: 4 decimal places (Example: 9.24349, sugn required. WW accept decimal format rounded to 6 decimal places (ex 0.092434) natud Attempts Remaining Infinity 8 A bank offers 6.00% on savings accounts. What is the effective annual rate Internat is compounded quartery Submit noted Attempts Remaining Infrity Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, sign required. Will accep decima! format rounded to 6 decimal places (ex: 0.092434) A bank offers 8.00% on savings accounts. What is the effective annual rate if interest is compounded monthly? Subm no Attempts Remaining: Infinity Answer format: Percentage Round to: 4 decimal places (Example: 9.24:34% sign gured Will accept decimal format rounded to 6 decimal places (ex 0.092434)

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