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C asset aldgc 20. An investment at your local credit union is quoted with a stated rate of 12.35% and bi-mo compounding for 3 years.

C asset aldgc 20. An investment at your local credit union is quoted with a stated rate of 12.35% and bi-mo compounding for 3 years. The effective rate is closest to: nthly A) 13.11%. B) 13.00%. C) 13.07%

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