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Today, you invest EUR 10,000 in a bank account with maturity 2 years. At maturity, the final payoff is EUR 11,236. Determine the interest rate

Today, you invest EUR 10,000 in a bank account with maturity 2 years. At maturity, the final payoff is EUR 11,236. Determine the interest rate of your bank account (assume a compound interest rate).

a. 6.000% annual.

b. 0.487% monthly.

c. Both A and B are correct

. d. None of the above

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