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Mr. Miser loans money at an annual rate of 19 percent. Interest is compounded daily. What is the actual rate Mr. Miser is charging on

Mr. Miser loans money at an annual rate of 19 percent. Interest is compounded daily. What is the actual rate Mr. Miser is charging on his loans? 20.98 percent 20.92 percent 21.18 percent 20.68 percent 20.54 percent

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