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it the effective annual rate of interest is known to be 8% on a debt that has semi-annual payments, what is the annual porcentage rato?

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it the effective annual rate of interest is known to be 8% on a debt that has semi-annual payments, what is the annual porcentage rato? Enter your answer as a percentage founded to 2 DECIMAL PLACES Do not include the percentage sign in your answer. Enter your response below Number

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