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Find the Annual Equivalent Rate of the following operations: a- Mr A invests 20,000 , for 2 years, in a bank account that offers the

Find the Annual Equivalent Rate of the following operations:

a- Mr A invests 20,000 , for 2 years, in a bank account that offers the following financial conditions: - r(annual): 4% - periodicity: year (the bank pays interests once per year)

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