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Find the APR, or stated rate, in each of the following cases. Required: (a) An effective interest of 9% compounded semiannually (b) An effective interest
Find the APR, or stated rate, in each of the following cases. Required: (a) An effective interest of 9% compounded semiannually (b) An effective interest of 10% compounded monthly (c) An effective interest of 7% compounded weekly (d) An effective interest of 10% with infinite compounding
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