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could you help me in letter b please? D E H Meandyou, Inc. borrows $65,000 from the bank for two years at a stated annual

could you help me in letter b please? image text in transcribed
D E H Meandyou, Inc. borrows $65,000 from the bank for two years at a stated annual rate of 6% compounded quarterly. Loan with full interest is repaid at the end of the two-year period. a) What is the EAR on this loan? b) How much of interest the firm will pay on this loan, in $

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