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Question 10(2.5 points) What effective rate of interest is equivalent to 4.4% compounded quarterly? Question 10 options: A) 4.50% B) 4.49% C) 4.39% D) 4.47%

Question 10(2.5 points)

What effective rate of interest is equivalent to 4.4% compounded quarterly?

Question 10 options:

A)

4.50%

B)

4.49%

C)

4.39%

D)

4.47%

E)

4.37%

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