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Quickly please If the effective annual interest rate is 13%, what is the nominal annual rate if compounding is bi-monthly? O a. 13.72% O b.
Quickly please
If the effective annual interest rate is 13%, what is the nominal annual rate if compounding is bi-monthly? O a. 13.72% O b. 12.35% O c. 13.42% O d. 13.88% O e. 12.60%
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