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What is the discount rate in the following scenario? Karla is saving up for ret…

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Wize University Introduction to Finance Textbook > Time Value of Money

Effective Periodic Rate

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What is the discount rate in the following scenario?

Karla is saving up for retirement and will put aside $100 per month into an account earning 8% compounded weekly.

Round your final answer to 4 decimal places.
%
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