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Intro The quoted interest rate is 3.9% (APR with quarterly compounding). Part 1 - Attempt 1/10 for 10 pts. What is the quarterly rate? 0.975%

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Intro The quoted interest rate is 3.9% (APR with quarterly compounding). Part 1 - Attempt 1/10 for 10 pts. What is the quarterly rate? 0.975% Correct APR 0.039 ra = 0.00975 4 4 8 Attempt 1/10 for 10 pts. Part 2 What is the effective annual rate (EAR)? 4+ decimals Submit 18 Attempt 1/10 for 10 pts. Part 3 What is the effective annual rate (EAR) with continuous compounding? 4+ decimals Submit

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