kcfloyd418 kcfloyd418

22-04-2024
Business

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The highest effective annual rate that can be derived from an annual percentage rate of 9% is computed as ________.
a) .09e – 1
b) e.09 × q
c) e × (1 + .09)
d) e.09 – 1
e) (1 + .09)q

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