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You have $5,000 in the bank comfortably earning 12% interest compounded quarterly. Your cousin needs $5,000 to buy a new car, In order to get

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You have $5,000 in the bank comfortably earning 12% interest compounded quarterly. Your cousin needs $5,000 to buy a new car, In order to get the same total return, what interest rate r should you request from him if the money you lend him is to be compounded continuously? Exact value of r= Interest rate, as a percent, rounded to 2 decimal places = %

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