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An investment has an APR of 13.64% with monthly compounding. what is your effective annual rate of return for the investment? a) 0% b) 18.39%

An investment has an APR of 13.64% with monthly compounding. what is your effective annual rate of return for the investment? a) 0% b) 18.39% c) 10.71% d) 10.36% e) 14.53%

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