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If the Wet Dog Surf Company borrows $37,000 at 6.50% and there are 2 compounding periods per year, calculate Wet Dog's Effective Annual Rate (APY)

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If the Wet Dog Surf Company borrows $37,000 at 6.50% and there are 2 compounding periods per year, calculate Wet Dog's Effective Annual Rate (APY) of interest. A B 1 2 Answer = 3 4 5 6 7 8 9 10

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