What is the stated annual interest rate, International Economics

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What is the stated annual interest rate

Problem

1. If you have an account that compounds interest continuously and has an effective annual interest yield of 6.18 percent, what is the stated annual interest rate?

2. What rate of interest compounded monthly is equivalent to 18 percent compounded continuously?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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