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A bank offers 10.74% percent compounded daily on its business loans. Calculate the EAR Select one: a. 10.47% b. 11.03% c.11.07% d. 11.34%

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A bank offers 10.74% percent compounded daily on its business loans. Calculate the EAR Select one: a. 10.47% b. 11.03% c.11.07% d. 11.34%

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