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o A bank pays interest monthly with an EAR of 6%. What is the periodic interest rate applicable per month? O A. 0.49% OB. 0.98%

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o A bank pays interest monthly with an EAR of 6%. What is the periodic interest rate applicable per month? O A. 0.49% OB. 0.98% O C. 0.39% OD. 0.59% Click to select your

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