First bank of midesto medeque pays a 545 nominal rate of
First bank of Midesto Medeque pays a 5.45% nominal rate of interest compounded weekly. What is the effective rate of interest?
Options
A. 5.60%
B. 5.65
C. 5.70
D. 5.75
E. None of the above
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first bank of midesto medeque pays a 545 nominal rate of interest compounded weekly what is the effective rate of
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