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Question 2 1 pts 14.5 Q06: Which of the following mathematical equations is used to compute the effective annual rate (EAR)? EAR = (1/Periodic rate

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Question 2 1 pts 14.5 Q06: Which of the following mathematical equations is used to compute the effective annual rate (EAR)? EAR = (1/Periodic rate of interest number of borrowing (interest) periods in one year 1 EAR = (1 + Periodic rate of interest number of borrowing (interest) periods in one year + 1 EAR=(1 - Periodic rate of interest)number of borrowing (interest) periods in one year - 1 EAR = (1 + Periodic rate of interest number of borrowing interest) periods in one year - 1 EAR - (1 - Periodic rate of interest) number of borrowing interest) periods in one year +1

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