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Week 8 Sue makes payments of $800 at the end of each six months for 10 years to her RRSP. The interest rate on the

Week 8 Sue makes payments of $800 at the end of each six months for 10 years to her RRSP. The interest rate on the RRSP is 5% compounded annually. Find the equivalent rate per payment period. Select one: a. 2% b. 5% O c. 2.55% d. 2.47%

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