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Consider an APR of 24% with monthly compounding. What is the EAR (effective annual rate)? a) Consider an EAR of 13.75% with quarterly compounding. What

Consider an APR of 24% with monthly compounding. What is the EAR (effective annual rate)?

a) Consider an EAR of 13.75% with quarterly compounding. What is the APR (annual percentage rate)?

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