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Given a monthly rate of 2%, the Annual Percentage Rate (APR) is and the Effective Annual Rate (EAR)is A. 24%;25.76% B. 24%;26.82% C. 25.76%;24% D.

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Given a monthly rate of 2%, the Annual Percentage Rate (APR) is and the Effective Annual Rate (EAR)is A. 24%;25.76% B. 24%;26.82% C. 25.76%;24% D. 26.82%;24% A. 6.00% B. 6.25% C. 8.00% D. 10.00%

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