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QUESTION 3 Beautinator Cosmetics borrowed $152,300 from a bank for three years, if the quoted rate (APR) is 13.52 percent, and the compounding is daily,

QUESTION 3 Beautinator Cosmetics borrowed $152,300 from a bank for three years, if the quoted rate (APR) is 13.52 percent, and the compounding is daily, what is the effective annual rate (EAR)

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