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29) 29) Miguel invests his money in a savings account which gives an effective annual yield of 2.14%. The nominal rate is 2.12%. How often

29) 29) Miguel invests his money in a savings account which gives an effective annual yield of 2.14%. The nominal rate is 2.12%. How often does compounding occur - daily, monthly, quarterly, or semiannually? A) monthly B) semiannually C) quarterly D) daily

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