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Moving to another question will save this response. Question 4 For a bank deposit paying 12% compounded annually, which one of the following statements is

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Moving to another question will save this response. Question 4 For a bank deposit paying 12% compounded annually, which one of the following statements is correct? The EAR is higher than 12% There is not enough information to answer the question The real APR is lower than 12% APR = EAR EAR

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