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5, You are considering depositing money in an account paying 9.6% compounded semi- annually. What is the effective annual rate (EAR)? a. 9.83% b. 9.95%

5, You are considering depositing money in an account paying 9.6% compounded semi- annually. What is the effective annual rate (EAR)? a. 9.83% b. 9.95% c. 10.03% d. 10, 12% e. none of the above

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