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Find what is the effective annual interest rate

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Reference no: EM132812540

Problem 1: What is the value of $300 compounded semiannually at 21% per year over 2 years?

Problem 2: What is the value at the end of 5 years for $200 with an interest rate of 5%?

Problem 3: What is the effective annual interest rate when 50% per year is compounded quarterly?

Reference no: EM132812540

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