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QUESTION 23 Beautinator Cosmetics borrowed $152.300 from a bank for three years. If the quoted rate (APR) is 11.75 percent, and the compounding is daily,

QUESTION 23 Beautinator Cosmetics borrowed $152.300 from a bank for three years. If the quoted rate (APR) is 11.75 percent, and the compounding is daily, what is the effective annual rate KEARS? O A. 12.4596 O B. 13.5596 C. 12.80% OD. 14.9096

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