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Homework: Homework - chapter 5 Use the table for the question(s) below. Suppose you have the following Loans/Investments Credit Card 14.90% APR (Monthly Compounding) 5.90%

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Homework: Homework - chapter 5 Use the table for the question(s) below. Suppose you have the following Loans/Investments Credit Card 14.90% APR (Monthly Compounding) 5.90% APR (Monthly Compounding) 8.25% APR (Monthly Compounding) 5.10% EAR Automobile Loan Home Equity Loan Money Market Fund If your income tax rate is 30%, then the after-tax EAR for your home equity loan is closest to: OA. 6.0%. OB. 5.8%. OC. 8.6%. OD. 5.9%

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