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Arab bank pays 0.065 percent, compounded weekly (based on 52 weeks), on an 8-month certificate of deposit. If you deposit $15000. What os the effective

Arab bank pays 0.065 percent, compounded weekly (based on 52 weeks), on an 8-month certificate of deposit. If you deposit $15000. What os the effective annual rate? What is the amount of interest paid to you in 8 months?

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