What is the effective annual interest rate of an investment that pays 1 2 . 2 5

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Question:

What is the effective annual interest rate of an investment that pays

12.25 %

per year with compound frequencey n

= 2 ?

Posted Date: May 13, 2024 02:45 AM

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What is the effective annual interest rate of an investment that pays 1 2 . 2 5

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