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If the effective annual rate of interest is known to be 5% on a debt that has semi-annual payments, what is the annual percentage rate?

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If the effective annual rate of interest is known to be 5% on a debt that has semi-annual payments, what is the annual percentage rate? Enter your answer as a percentage rounded to 2 DECIMAL PLACES. Do not include the percentage sign in your answer. Enter your response below. Number %

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