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    Exam Name: 350-401
    Vendor: Implementing Cisco Enterprise Network Core Technologies (350-401 ENCOR)

    60 Questions & Answers
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    Explanation/Reference:
    Explanation:
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    2 = 1.1025. Since these two should be equal, we get 1+r
    1.1025, giving r = 10.25%. Note that the annually compounded rate must be larger than the semiannually rate, ruling out 9.65 automatically.

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