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a well - known financial writer argues that he can earn 1 0 1 percent per year buying wine by the case. specifically, he assumes
a wellknown financial writer argues that he can earn percent per year buying wine by the case. specifically, he assumes that he will consume one $ bottle of fine Bordeaux per week for the next weeks. he can either pay $ per week or buy a case of bottles today. if he buys the case, he receives a percent discount and, by doing so earns the percent. assume he buys the wine and consumers the first bottle today. calculate the EAR
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