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Problem A: Determine the effective annual interest rate for the following questions: 196% (APR) compounded twice per year. a) 6% b) 6.09% c) 6.1 8%

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Problem A: Determine the effective annual interest rate for the following questions: 196% (APR) compounded twice per year. a) 6% b) 6.09% c) 6.1 8% d) 6.69% 2) 6% (APR) compounded continuously a) 6% b) 6.09% c) 6.18% d) 6.69% Problem B: 3) What is the future worth of $100 when compounded for 18 years at an interest rate of 14% (APR) compounded annually? a) $556 b) $912 c) $946 d) $1,058 Basic Circuit Analysis Ilse with these courses

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