P5-35 (similar to) Question Help Related to Checkpoint 5.71 (Calculating an EAR) After examining the vanous personal loan rates available to you, you find that you can borrow funds from a finance company at 8 percent compounded semiannually or from a bank at 9 percent compounded annually Which altemalive is more attractive? If you can borrow funds from a finance company at 8 percent compounded semiannually, the EAR for the loan is 82% (Round to lwa decimal places Enter your answer in the answer box and then click Check Answer 2 remaining Clear All Final Check 11:18 AM 9/17/2020