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Consider an account that pays 6% APR(Quarterly). Assume the tax rate is 30%. Determine the after-tax EAR to the nearest .001% if taxes are paid

Consider an account that pays 6% APR(Quarterly). Assume the tax rate is 30%. Determine the after-tax EAR to the nearest .001% if taxes are paid semi-annually. Need solution steps. Answer is 4.267%

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