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please show work A bank offers a loan that will requires you to pay 9% interest compounded semiannually. Which of the following is closest to
please show work
A bank offers a loan that will requires you to pay 9% interest compounded semiannually. Which of the following is closest to the EAR charged by the bank? O A. 18.4% OB. 9.2% O C. 7.36% OD. 11.04%Step by Step Solution
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