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Discussion Assignment: Calculate the effective interest rate for each of the plans below. Then rank them from highest yield to lowest yield. Post your responses

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Discussion Assignment: Calculate the effective interest rate for each of the plans below. Then rank them from highest yield to lowest yield. Post your responses in the Class Discussion Board in the forum called Comparing Effective Rates. Please post a response by 11:59 P.M. on Wed., April 13th. 12% compounded annually 11.8% compounded quarterly 11.9% compounded semiannually 11.7% compounded daily

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