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ABC pawn shop charges an interest rate of 9.2 percent per month on loans to its customers. Compute this EAR for ABC pawn shop's lending
ABC pawn shop charges an interest rate of 9.2 percent per month on loans to its customers. Compute this EAR for ABC pawn shop's lending products. (Do NOT include the \% sign or any other text. Enter your answer as a percent and round your final answer to 2 decimal places, e.g. 110.10)
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