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artcher [175]
3 years ago
12

Wyatt is paying back a loan with a nominal interest rate of 13.62%. If the interest is compounded quarterly, how much greater is

Wyatt’s effective interest rate than his nominal interest rate?
Mathematics
1 answer:
PilotLPTM [1.2K]3 years ago
6 0
0.71 percentage points
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Mila [183]
Since b = c, the angles B and C are congruent.
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