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D 1 pts Question 14 What is the effective annual rate (EAR) for a nominal rate (monthly compounding) of 6.57 %? SET YOUR CALCULATOR TO

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D 1 pts Question 14 What is the effective annual rate (EAR) for a nominal rate (monthly compounding) of 6.57 %? SET YOUR CALCULATOR TO 4 DECIMAL PLACES THEN INPUT THE NUMBER AS PERCENTAGE ROUNDING TO 2 DECIMALS. DO NOT ENTER THE % SYMBOL.i.e. if your answer is 7.7711%, enter it as 7.77

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