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EAR. What is the effective annual rate (EAR) of a car loan that is advertised at 5% (APR) and paid with quarterly paymenst? BEBE The

EAR. What is the effective annual rate (EAR) of a car loan that is advertised at 5% (APR) and paid with quarterly paymenst? BEBE The effective annual rate (EAR) of the car loan at 5% APR with quarterly payments is [%, (Round to two decimal places.)

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