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Fourteen percent nominal interest compounded monthly equals how much nominal interest compounded annually? A. 14.00% B. 14.49% C. 168.00% D. 14.93% E. 5.54%

Fourteen percent nominal interest compounded monthly equals how much nominal interest compounded annually? A. 14.00% B. 14.49% C. 168.00% D. 14.93% E. 5.54%

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