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Calculate the effective annual rate for a(n) 9.1% nominal rate when interest is compounded quarterly. Round your answer to two decimal places and express it
Calculate the effective annual rate for a(n) 9.1% nominal rate when interest is compounded quarterly. Round your answer to two decimal places and express it as a percent rounded to two decimal places without the % sign. For example, 6.22% would be written as 6.22.
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