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April 2, 2015

April 2, 2015

Posted by **nitu** on Sunday, May 19, 2013 at 1:24am.

- math -
**Reiny**, Sunday, May 19, 2013 at 8:15amlet the effective annual rate be i

1+i = (1 + .015)^2

1+i = 1.030225

i = .030225 or 3.0225%

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