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The effective annual interest rate, j1, equivalent to j24 = 16.30% p.a. is: Question 1 options: 1) 13.65% 2) 8.15% 3) 17.64% 4) 15.15%

The effective annual interest rate, j1, equivalent to j24 = 16.30% p.a. is:

Question 1 options:

1)

13.65%

2)

8.15%

3)

17.64%

4)

15.15%

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