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Business, 28.10.2019 22:31 bartfrank447

The friendly bank wants to earn an ear of 12 percent on its consumer loans. the bank uses daily compounding. what rate is the bank most apt to quote on these loans? a) 11.38 percent b) 11.76 percent c)11.33 percent d) 12.12 percent e) 12.00 percent

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