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Posted on Jul 26, 2024

Emma can invest $ 1 0 0 . 0 0 at an annual interest rate of 1 0 . 5 4 percent, compounded monthly. Help

Emma can invest $

100.00

at an annual interest rate of

10.54

percent, compounded monthly. Help her determine the effective annual rate of return on her investment.

Provide your answer as a whole number without including the percent

(%)

sign.

Type your answer...

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