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Question 12 The APR on a $100 loan, which you borrowed today and must repay in 6 months, is 10%. (A) How much do

Question 12 The APR on a $100 loan, which you borrowed today and must repay in 6 months, is 10%. (A) How much do you need to repay in 6 months? (B) What is the EAR of your loan with quarterly compounding?

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