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Ottawa-INVEST is offering an investment that pays an APR of 5% with continuous compounding. What is the effective annual rate of return provided by this
Ottawa-INVEST is offering an investment that pays an APR of 5% with continuous compounding. What is the effective annual rate of return provided by this investment?
Question 23 options:
| 5.50% |
| 4.12% |
| 5.13% |
| 5.00% |
| Not enough information. |
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