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1) What is the quarterly rate for an APR of 13.46%? (Round to the ten-thousandths place 0.0001) 2) What is the current value of a

1) What is the quarterly rate for an APR of 13.46%? (Round to the ten-thousandths place 0.0001)

2) What is the current value of a $5,495 cashflow that happens 6.11 years from now. The rate is 6.31% EAR.

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