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The highest effective annual rate that can be derived from an annual percentage rate of 9% is computed as ________. Question 38 options: a) .09e
The highest effective annual rate that can be derived from an annual percentage rate of 9% is computed as ________. Question 38 options: a) .09e 1 b) e.09 q c) e (1 + .09) d) e.09 1 e) (1 + .09)q
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