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    Mathematics
  3. Study Set
    Applied Calculus
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    Exam 5: Exponential and Logarithmic Functions
  5. Question
    Find the Nominal Interest Rate That, When Compounded Continuously, Yields
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Find the Nominal Interest Rate That, When Compounded Continuously, Yields

Question 31

Question 31

Short Answer

Find the nominal interest rate that, when compounded continuously, yields an effective interest rate of 10% / year. Round your answer to the nearest thousandth.
__________%

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