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For questions 1-6, suppose you have a loan with 7.5% APR. 1. If compounded monthly, what is the interest rate per compound period? 2. If

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For questions 1-6, suppose you have a loan with 7.5% APR. 1. If compounded monthly, what is the interest rate per compound period? 2. If compounded monthly, what is the EAR on this loan? 3. If compounded daily, what is the interest rate per compound period? 4. If compounded daily, what is the EAR on this loan? 5. If compounded annually, what is the interest rate per compound period? 6. If compounded annually, what is the EAR on this loan

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