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Determine the better investment. 3.77% compounded semiannually or 3.94 compounded quarterly. Round answers to 2 decimal places. The 3.77 effective rate is? The 3.94 effective

Determine the better investment. 3.77% compounded semiannually or 3.94 compounded quarterly. Round answers to 2 decimal places. The 3.77 effective rate is? The 3.94 effective rate is

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