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What is the effective annual rate of 12% compounded semiannually? O 12.00% 12.54% O 11.24% O 12.96% 12.36% What is the effective annual rate of

What is the effective annual rate of 12% compounded semiannually? O 12.00% 12.54% O 11.24% O 12.96% 12.36%

What is the effective annual rate of 12% compounded semiannually? C) 12.00% C) 12.54% C) 11.24% C) 12.96% C) 12.36%

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