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11 Find the EAR for the stated rate (APR) of 12.1 percent compounded continuously. ( Enter your answer as a percentage, omit the % sign

11

Find the EAR for the stated rate (APR) of 12.1 percent compounded continuously. (Enter your answer as a percentage, omit the "%" sign in your response, and round your answer to 2 decimal places. For example, 0.12345 or 12.345% should be entered as 12.35.)

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