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    Precalculus Concepts Through Function
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    Exam 4: Exponential and Logarithmic Functions
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    Choose the One Alternative That Best Completes the Statement or Answers
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Choose the One Alternative That Best Completes the Statement or Answers

Question 215

Question 215

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
Find the effective rate of interest.
-25.12% compounded daily


A) 25.243%
B) 25.325%
C) 26.025%
D) 28.546%

Correct Answer:

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