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Calculate the EAR when the APR = 17.5% semiannually. a. 14.57% b. 16.97% c. 18.27% d. 19.87%

Calculate the EAR when the APR = 17.5% semiannually.

a.

14.57%

b.

16.97%

c.

18.27%

d.

19.87%

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