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A bank offers a 4.75% annual interest rate compounded daily. The periodic interest rate is approximately what? O A. 0.2% OB. 0.00013% OC. 0.013% OD.

A bank offers a 4.75% annual interest rate compounded daily. The periodic interest rate is approximately what? O A. 0.2% OB. 0.00013% OC. 0.013% OD. 0.39% O E. None of these

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