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The monthly rate to invest in a security is 0.35%. What is the effective annual rate of the security? Group of answer choices 6.24% 6.00%
The monthly rate to invest in a security is 0.35%. What is the effective annual rate of the security?
Group of answer choices
6.24%
6.00%
4.17%
4.28%
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Financial Management In Construction Contracting
Authors: Andrew Ross, Peter Williams
1st Edition
1405125063, 9781405125062
