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if the monthly rate is 1.5% what is the effective annual rate for each individual. Chris chose the quarterly compounding option. What is his effective

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if the monthly rate is 1.5% what is the effective annual rate for each individual.

Chris chose the quarterly compounding option. What is his effective annual rate? Adam chose the monthly compounding option. What is his effective annual rate? Ben chose the bi-monthly compounding option. What is his effective annual rate? Don chose the semi-annual compounding option. What is his effective annual rate

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