Question: show step by step answer and 4 decimal place please A bank offers 7.00% on savings accounts. What is the effective annual rate if interest

show step by step answer and 4 decimal place please

A bank offers 7.00% on savings accounts. What is the effective annual rate if interest is compounded continuously? Attempts Remaining: Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%,% sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434)) A bank offers 7.00% on savings accounts. What is the effective annual rate if interest is compounded continuously? Attempts Remaining: Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%,% sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434))

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