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Intro The quoted interest rate is 7% (APR with quarterly compounding). Part 1 What is the quarterly rate? 4+ decimals Submit Part 2. What

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Intro The quoted interest rate is 7% (APR with quarterly compounding). Part 1 What is the quarterly rate? 4+ decimals Submit Part 2. What is the effective annual rate (EAR)? 4+ decimals Submit Attempt 1/10 for 10 pts. BAttempt 1/10 for 10 pts.

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