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Calculate the effective annual interest rate corresponding to a rate of 9.00% p.a., compounded quarterly. (Provide your answer in % with two decimal places, e.g.

Calculate the effective annual interest rate corresponding to a rate of 9.00% p.a., compounded quarterly.

(Provide your answer in % with two decimal places, e.g. if your answer is 9.99%, only enter 9.99, do NOT enter 9.99% or 0.0999 or 0.1)

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