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If the nomrol intord rate is IIV. compounded, what will be the Effeclive Awnal Interest Rote (EIAB)? a) Bi- weetly: b) Jemi mowhaly? c) Semi

If the nomrol intord rate is IIV. compounded, what will be the Effeclive Awnal Interest Rote (EIAB)? a) Bi- weetly: b) Jemi mowhaly? c) Semi anvally? Express arowes as \% and round to four deamals

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