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A bank offers a loan that will requires you to pay 13% interest compounded semiannually. Which of the following is closest to the EAR charged

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A bank offers a loan that will requires you to pay 13% interest compounded semiannually. Which of the following is closest to the EAR charged by the bank? O A. 10.74% O B. 26.84% O C. 13.42% OD. 16.1%

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