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You have $10,000 deposited in a savings account. The money has been earning an annual rate of 11% 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 11% interest, compounded quarterly. What is your effective annual rate of interest? O 11.25% O 11.55% O 11.65% O 11% O 11.46%

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