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An investment having a 10.47% effective annual rate (EAR) has what APR? (Assume monthly compounding.) 9.57% 10.99% 8.87% 10.00%

An investment having a 10.47% effective annual rate (EAR) has what APR? (Assume monthly compounding.)

9.57%

10.99%

8.87%

10.00%

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