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Apple State Bank and Trust is offering a special deal on savings accounts. The accounts have a stated APR of 6%, but if you deposit

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Apple State Bank and Trust is offering a special deal on savings accounts. The accounts have a stated APR of 6%, but if you deposit a minimum of $1,000, the interest will compound weekly. Assuming you deposit the $1.000 minimum, what will be your EAR on the account? (Please round your answer to the nearest basis point) Apple State Bank and Trust is offering a special deal on savings accounts. The accounts have a stated APR of 6%, but if you deposit a minimum of $1,000, the interest will compound weekly. Assuming you deposit the $1.000 minimum, what will be your EAR on the account? (Please round your answer to the nearest basis point)

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