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Please explain Thank you!!! The APR compounded semi-annually is 15%. What is the effective rate per week? 1. 0.288% 2. 0.279% 3. 0.301% 4. None

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The APR compounded semi-annually is 15%. What is the effective rate per week? 1. 0.288% 2. 0.279% 3. 0.301% 4. None of the above

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