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Listen A firm offers 2 different method of payments. Method A: a customer can pay $ 1 0 0 at the beginning of the year
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A firm offers different method of payments. Method A: a customer can pay $ at the beginning of the year for a yearly subscription. Method B: a customer can pay $ per month at the beginning of the month. Calculate the actual interest rate, compounded yearly, charged by the magazine to clients who do not pay at the beginning of the year.
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