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For each case below find the annual percentage rate. a. Semiannual compounding. The effective annual interest rate is 15% 14.48% 15.56% 13.75% 12.30% 13.03% b.
For each case below find the annual percentage rate. a. Semiannual compounding. The effective annual interest rate is 15% 14.48% 15.56% 13.75% 12.30% 13.03% b. Monthly compounding. The effective annual interest rate is 9% 8.65% 9.20% 10.38% 9.95% 6.92% c. weekly compounding. The effective annual interest rate is13% 12.24% 13.42% 14.68% 13.46% 9.79% d. Continuous compounding. The effective annual interest rate is 9% 8.62% 9.20% 9.48% 9.26% 7.76%
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