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Please show all the steps. Thank you so much! the previous post didnt show all its steps. A loan is quoted with an Effective Annual

Please show all the steps. Thank you so much!

the previous post didnt show all its steps. image text in transcribed

A loan is quoted with an Effective Annual Rate (EAR) of 28.14\%. The Annual Percentage Rate (APR) quote for the same loan with compounding 2 times a year is % (round your answer to 2 decimals)

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