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EAR. What is the effective annual rate ( EAR ) of a mortgage that is advertised at 1 0 . 2 5 % ( APR

EAR. What is the effective annual rate (EAR) of a mortgage that is advertised at 10.25%(APR) over the next twenty years and paid with weekly payments? What is the effective annual rate (EAR) of the mortgage at 10.25% APR with weekly payments?

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