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An interest rate of 10% p.a. compounded weekly over 4 years is equal to what simple interest rate per annum over 4 years? A: 10.51%

An interest rate of 10% p.a. compounded weekly over 4 years is equal to what simple interest rate per annum over 4 years?

A: 10.51%

B: 2.63%

C: 10.00%

D: 12.28%

E: 11.60%

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