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please type it out Find the effective annual rate (EAR) for a 11.9% APR with monthly compounding. Express in percentage but do not include the
please type it out
Find the effective annual rate (EAR) for a 11.9% APR with monthly compounding. Express in percentage but do not include the \% sign, and round it to two decimal place, e.g., 9.45 (for .0945 or 9.45% ) Your Step by Step Solution
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