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If the quoted rote (APR) is 4% compounded bi-weekly, what is the effective annual rate (EARI? Do not found intermediate calculations. Round the final answer

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If the quoted rote (APR) is 4% compounded bi-weekly, what is the effective annual rate (EARI? Do not found intermediate calculations. Round the final answer to 2 decimal places. Omit the sign in your response. For example, an answer of 15:39% should be ontered 6s 15.30 Numeric Response

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