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a. What is the annual percentage rate (APR) if the effective interest rate (EAR) is 0.017 and interest is compounded daily? Assume 365 days per

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a. What is the annual percentage rate (APR) if the effective interest rate (EAR) is 0.017 and interest is compounded daily? Assume 365 days per year. b. You have a loan with an annual percentage rate equal to 0.06, and you pay 2335 SEK at the end of every month. What is the loan balance if it remains 4 years until the loan is paid back c. What is the effective interest rate (EAR) if the annual percentage rate (APR) is 0.056 and interest is compounded monthly. |

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