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Select the best answer to the following multiple choice question. Question 14 (6.5 points) For a nominal annual rate r 25% per year, the effective

Select the "best answer" to the following multiple choice question. Question 14 (6.5 points) For a nominal annual rate r 25% per year, the effective continuous rate per year is equal to: 28.403% 22.140% 27.443% 26.563%

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