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An 99% APR with semiannuallysemiannually compounding is closest to which of the following? A. an EAR of 11.0411.04% B. an EAR of 7.367.36% C. an
An
99%
APR with
semiannuallysemiannually
compounding is closest to which of the following?
A.
an EAR of
11.0411.04%
B.
an EAR of
7.367.36%
C.
an EAR of
9.29.2%
D.
an EAR of
18.418.4%
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