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FINAL ANSWER NEEDED ASAP You have an interest rate of 12.33% compounded semi-annually. What is the equivalent effective annual interest rate? Enter your answer as

image text in transcribed FINAL ANSWER NEEDED ASAP

"You have an interest rate of 12.33% compounded semi-annually. What is the equivalent effective annual interest rate? Enter your answer as a percentage to 2 decimal places, but do not enter the \% sign

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