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Please answer the following question. Question 16 (1 point) You...

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Finance

Please answer the following question.
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Question 16 (1 point) You deposit $990 today in a bank account that pays $10 every month for the next 22 years. It also pays you an extra $1000 at the end of the 22nd year. What is the interest rate that you are receiving (in EAR)? None of the other options 12.83% 13.37% 12.13%

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