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QUESTION 1 Beautinator Cosmetics borrowed $152,300 from a bank for three years. If the quoted rate (APR) is 12 18 percent, and the compounding in

QUESTION 1 Beautinator Cosmetics borrowed $152,300 from a bank for three years. If the quoted rate (APR) is 12 18 percent, and the compounding in day, what is the effective annual rate (EAR)

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