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What is the effective annual rate on an investment that pays an interest rate of 8.25% continuously? Select one: O a. 6.5% O b.6.796 O

What is the effective annual rate on an investment that pays an interest rate of 8.25% continuously? Select one: O a. 6.5% O b.6.796 O C. 6.496 d. 4.596 e. 8.6%

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