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An ordinary annuity begins one perica after the first payment and ends are period after the last payment. Truel False The Effective rate for a
An ordinary annuity begins one perica after the first payment and ends are period after the last payment. Truel False The Effective rate for a savings account paying 3.2% interest compounded daily is 5 basis points higher than the nominal rate on the account. Assame 365 days in a year. Truc / False
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