Posted by
**mike** on
.

Suppose you deposit $5,000 in a bank which pays 10 percent interest compounded twice a year. The actual annual interest rate you receive is:

a- 10

b-11

c-10.25

d-12

Wednesday

March 29, 2017
Posted by
**mike** on
.

Suppose you deposit $5,000 in a bank which pays 10 percent interest compounded twice a year. The actual annual interest rate you receive is:

a- 10

b-11

c-10.25

d-12

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