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Are my assumptions right here? Is this how you calculate monthly APR and monthly APR if the question only gives you EAR? Assume EAR=6% you
Are my assumptions right here? Is this how you calculate monthly APR and monthly APR if the question only gives you EAR?
Assume EAR=6% you want monthly APR formula below gets you APR for each month (1+.06)1211Step by Step Solution
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