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What is the effective annual rate if a bank charges...

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Accounting

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What is the effective annual rate if a bank charges you 10% compounded semiannually? O a. 10.5% O b. 10% O c. 10.25% O d. 12.25% What is the future value of a 5.year ordinary annuity with annual payments of $200. evaluated at a 15 percent interest rate? a $1.34848 b: $1,52264 c. 670.44 O d. 51.169.56 he

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