Question: HW18: Problem 10 (1 point) What are the effective annual rates for an account paying an annual interest rate of 11% which is compounded: (a)

HW18: Problem 10 (1 point) What are the effective annual rates for an account paying an annual interest rate of 11% which is compounded: (a) annually? % (b) quarterly? % (c) daily (assuming there are 365 days in the year)? % (d) continuously? %

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