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a. 6. My mortgage is stated as 3.5%. But it is compounded monthly. What is the equivalent annual percentage rate? NOTE: I didn't teach you

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a. 6. My mortgage is stated as 3.5%. But it is compounded monthly. What is the equivalent annual percentage rate? NOTE: I didn't teach you this, but it is in Chapter 5 of the textbook. (5) b. If the 3.5% was continuously compounded, what would the annual percent rate be

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