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You have $10,000 deposited in a savings account. The money has been earning an annual rate of 9% interest, compounded quarterly. What is your effective
You have $10,000 deposited in a savings account. The money has been earning an annual rate of 9% interest, compounded quarterly. What is your effective annual rate of interest? O 9.65% 0 9.25% O 9% 09.31% O 9.55%
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