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9. Abed is saving to pay off an obligation of $90000 which will be due in nine years he must earn????? effective annual interest rate

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9. Abed is saving to pay off an obligation of $90000 which will be due in nine years he must earn????? effective annual interest rate ,if he deposited single payment now $48,510.527 what is the effective annual interest rate if he use simple interest ? * (2 Points) 8.5% non of the above 10.5% 9.5% 7.5%

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