Sure! Let's calculate the annual equivalent rate to the effective net rate obtained. To calculate the annual equivalent rate, we can use the formula: (1 + i) = (1 + r)^(n/m) Where: i = annual equivalent rate r = effective net rate n = number of days in a year (365) m = number of days in the investment period (45) In this case, the effective net rate (r) is 1.4512% and the investment period (m) is 45 days. Let's substitute the values into the formula: (1 + i) = (1 + 0.014512)^(365/45) Now, let's solve for i: (1 + i) = (1.014512)^(8.1111) Taking the 8.1111th root of both sides: 1 + i = 1.014512 Subtracting 1 from both sides: i = 0.014512 Therefore, the annual equivalent rate to the effective net rate obtained is approximately 1.4512%. I hope this helps! Let me know if you have any other questions.
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