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Please answer the following question. Question 2 (1 point) For a deposit, what APR compounded semi-annually will produce the same effective annual rate as 10%
Please answer the following question.
Question 2 (1 point) For a deposit, what APR compounded semi-annually will produce the same effective annual rate as 10% APR compounded monthly? 10.11% 10.21% 10.47% 10.30% Step by Step Solution
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