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Q14 A loan is offered with a 9.5% APR; Assuming semi-annual compounding, what is the loan's effective annual rate (EAR)? 9.50% 9.90% 9.80% 9.92% Not
Q14
A loan is offered with a 9.5% APR; Assuming semi-annual compounding, what is the loan's effective annual rate (EAR)?"
| 9.50% | ||
| 9.90% | ||
| 9.80% | ||
| 9.92% | ||
| Not Possible to Calculate with the Data Provided | ||
| 9.73% | ||
| 9.84% |
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Personal Finance For Dummies
Authors: Eric Tyson
9th Edition
1119517893, 978-1119517894
