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Ouestion 19 3 s An investment offers an interest rate of 5.64 percent compounded monthly. What is the effective annual rate (EAR)? 5.92% 5.79% 5.13%

Ouestion 19 3 s An investment offers an interest rate of 5.64 percent compounded monthly. What is the effective annual rate (EAR)? 5.92% 5.79% 5.13% 6.77%

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