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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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