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5, What is the EAR of a 3-month $100 loan with an APR of 8% and a 2% loan origination fee? a. b. c. d.

5, What is the EAR of a 3-month $100 loan with an APR of 8% and a 2% loan origination fee? a. b. c. d. 47.5% 10.2% 17.35% 8.41%

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