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Problem in economics, finance, business What effective annual interest rate corresponds to a nominal interest rate of 15% per year, compounded continuously? Ans. 16.18% What

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What effective annual interest rate corresponds to a nominal interest rate of 15% per year, compounded continuously? Ans. 16.18% What nominal interest rate corresponds to an effective interest rate of 12% per year, compounded continuously? Ans. 11.33%

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