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Homework: Chapter 5 Homework Score: 0 of 1 pt 7 of 7 (4 complete) HW Score: 56.25%, 45 of 8 pts P5-35 (similar to) Question

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Homework: Chapter 5 Homework Score: 0 of 1 pt 7 of 7 (4 complete) HW Score: 56.25%, 45 of 8 pts P5-35 (similar to) Question Help (Related to Checkpoint 6.7) (Calculating an EAR) After examining the various personal loan rates available to you, you find that you can borrow funds from a france company at 11 percent compounded weekly or from a back at 12 percent compounded quarterly Which alternative is more attractive? If you can borrow funds from a finance company at 11 percent compounded weekly, the EAR for the loan is (Round to two decimal places) w n

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