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Question 14 (4 points) If a savings account has an Annual Percentage Rate of 8.50 with daily compounding, what is the Effective Annual Rate? 07.481%

Question 14 (4 points) If a savings account has an Annual Percentage Rate of 8.50 with daily compounding, what is the Effective Annual Rate? 07.481% 8.057% 8.871% 9.057% 10.453% Question 15 (4 points) Saved

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