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A loan is offered with monthly payments and a 10 percent APR. What is the loan's effective annual rate (EAR)? Multiple Choice 10.00 percent 10.47
A loan is offered with monthly payments and a 10 percent APR. What is the loan's effective annual rate (EAR)?
Multiple Choice
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10.00 percent
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10.47 percent
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11.20 percent
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12.67 percent
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Grow The Pie How Great Companies Deliver Both Purpose And Profit
Authors: Alex Edmans
1st Edition
1108494854,1108849482
