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What is the effective annual rate of 9.5% compounded continuously?
Related Topics
Wize University Introduction to Finance Textbook > Time Value of Money
Effective Rates with Continuous Compounding
3 Activities
What is the effective annual rate of 9.5% compounded continuously?
A) 9%
B) 9.79%
C) 9.97%
D) 7.97%
I don't know
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