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A new sports coupe costs $41,750 and the finance office has quoted you an APR of 7.7 compounded monthly for 36 months. What is the

A new sports coupe costs $41,750 and the finance office has quoted you an APR of 7.7 compounded monthly for 36 months. What is the EAR? Select one: a. 8.02% b. 7.94% c. 7.98% d. 7.81% e. 8.13%

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