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If an investment earns 1 2 percent annually:Question 2 1 options:an equivalent monthly investment would have to earn the same equivalent nominal rate to yield
If an investment earns percent annually:Question options:an equivalent monthly investment would have to earn the same equivalent nominal rate to yield the same return.an equivalent monthly investment would have to earn a higher equivalent nominal rate to yield the same return.an equivalent monthly investment would have to earn a lower equivalent nominal rate to yield the same return.a relationship cannot be determined between a monthly and annual investment.
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