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you have an effective annual rate of 9.00% . the equivalent annual percentage rate (APR) with continuous compounding is a. 8.47% b. 8.62% c. 8.88%

you have an effective annual rate of 9.00% . the equivalent annual percentage rate (APR) with continuous compounding is

a. 8.47%

b. 8.62%

c. 8.88%

d. 9.42%

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