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Problem 5-52 Effective Interest Rate (L04) 10 If a bank pays 6.2% interest with continuous compounding, what is the effective annual rate? (Do not round

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Problem 5-52 Effective Interest Rate (L04) 10 If a bank pays 6.2% interest with continuous compounding, what is the effective annual rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) points Effective annual rate eBook Print References

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