Need help plugging this into excel. Bright star Bank pays a nominal annual(quoted) interest rate of 9.16%, compounded quarterly on your savings | Cheap Nursing Papers
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Need help plugging this into excel. Bright star Bank pays a nominal annual(quoted) interest rate of 9.16%, compounded quarterly on your savings

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Need help plugging this into excel. Bright star Bank pays a nominal annual(quoted) interest rate of 9.16%, compounded quarterly on your savings account. Calculate the effective annual rate, or EAR? round the answer to two decimal places?

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