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6. -/2 points FVintTheory2 1.9.003. My Notes Ask Your Teacher The annual effective interest rate...

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6. -/2 points FVintTheory2 1.9.003. My Notes Ask Your Teacher The annual effective interest rate on Mustafa's loan is 9.8%. What is the equivalent effective quarterly discount rate on the loan? (Round your answer to two decimal places.) Additional Materials book 6. -/2 points FVintTheory2 1.9.003. My Notes Ask Your Teacher The annual effective interest rate on Mustafa's loan is 9.8%. What is the equivalent effective quarterly discount rate on the loan? (Round your answer to two decimal places.) Additional Materials book

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