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Bank USA offers a semiannual interest rate of 0.7%, what is the APR (annual percentage rate)? A. 0.700% B. 1.400% C. 1.1405% D. 2.800% E.

Bank USA offers a semiannual interest rate of 0.7%, what is the APR (annual percentage rate)?

A. 0.700%

B. 1.400%

C. 1.1405%

D. 2.800%

E. 7%

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