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6, Bus Econ 2.6.15 Becky Anderson bought a television set with money borrowed from the bank at 11% interest compounded semiannually. What effective interest

6, Bus Econ 2.6.15 Becky Anderson bought a television set with money borrowed from the bank at 11% interest compounded semiannually. What effective interest rate did she pay? The effective interest rate is % (Round to the nearest hundredth as needed.)

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