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NEED ANSWER AND SOLUTIONS ASAP 21. What is the effective interest rate per year for a nominal interest of 22.10% per year compounded semi-annually? 23.32%

NEED ANSWER AND SOLUTIONS ASAP

21. What is the effective interest rate per year for a nominal interest of 22.10% per year compounded semi-annually? 23.32% 24.73% 24.00% 24.48%

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