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55. Calculate the effective annual interest rate corresponding to 9.6% per annum, compounded monthly. A. 10.03% B. 9.6% C. 8.0% D. 6.9%

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55. Calculate the effective annual interest rate corresponding to 9.6% per annum, compounded monthly. A. 10.03% B. 9.6% C. 8.0% D. 6.9%

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