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John wishes to make withdrawals of $250 at the end of each month for four years. The interest rate is 4% compounded semi-annually The effective

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John wishes to make withdrawals of $250 at the end of each month for four years. The interest rate is 4% compounded semi-annually The effective interest rato per monthly payment interval is: Select one: a. 3.3% cross out b. 0.33% cross out cross out 0 0.656% d. 29 cross out Last samt 13 4141

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