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A three-year bank CD paying 7.98 percent compounded quarterly. Calculate effective annual interest rate (EAR)? (Round answer to 2 decimal places, eg. 15.25%.) Effective annual

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A three-year bank CD paying 7.98 percent compounded quarterly. Calculate effective annual interest rate (EAR)? (Round answer to 2 decimal places, eg. 15.25%.) Effective annual rate 7.64 % e Textbook and Media X Your answer is incorrect. A three-year bank CD paying 7.78 percent compounded monthly. Calculate effective annual interest rate (EAR)? (Round answer to 2 decimal places, eg. 15.25%.) Effective annual rate 7.47 % eTextbook and Media * Your answer is incorrect. Athree-year bank CD paying 8.28 percent compounded annually. Calculate effective annual interest rate (EAR)? (Round answer to 2 decimal places, eg. 15.25%.) Effective annual rate 7.73 %

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