Posted by **Tanya** on Thursday, January 31, 2013 at 9:06pm.

An investment pays 9 percent interest compounded semi-annually. What is the effective annual interest rate?

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March 23, 2017
Posted by **Tanya** on Thursday, January 31, 2013 at 9:06pm.

An investment pays 9 percent interest compounded semi-annually. What is the effective annual interest rate?

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