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A bank offers a loan that will requires you to pay 14% interest compounded semiannually. Which of the following is closest to the EAR charged

A bank offers a loan that will requires you to pay 14% interest compounded semiannually. Which of the following is closest to the EAR charged by the bank? A. 11.59% OB. 28. 98% C. 17.39% OD. 14.49%

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