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Mathematics, 14.10.2019 19:30 Lalagrl

What is the annual interest rate for an account that compounds monthly at a rate of 2.5%?

a.

2.10%

b.

2.50%

c.

2.53%

d.

2.55%

e.

2.58%

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Answers: 1

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What is the annual interest rate for an account that compounds monthly at a rate of 2.5%?

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