Calculate the effective annual, Financial Management

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Calculate the effective annual

Suppose you can borrow money at 8.6% per year (APR) compounded semiannually or 8.4 per year (APR) compounded monthly. Could it do with Finance calculator format?

Calculate the effective annual rates. 9.00% and 8.64% (Do not round intermediate calculations) Enter your answer as a percent rounded to 2 decimal places)

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Financial Management: Calculate the effective annual

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Financial Management: Calculate the effective annual

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