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EAR. What is the effective annual rate (EAR) of a car loan that is advertised at 8% (APR) and paid with weekly payment? The eifective

EAR. What is the effective annual rate (EAR) of a car loan that is advertised at 8% (APR) and paid with weekly payment? The eifective annual rate (EAR) of the car loan at 8% APR with weekly payments is % (Round to two decirmial places.)

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