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Question 36 3 pts What is the Effective Annual Rate (EAR) on a deposit account with a stated Annual Percentage Rate (APR) of 9.1% and
Question 36 3 pts What is the Effective Annual Rate (EAR) on a deposit account with a stated Annual Percentage Rate (APR) of 9.1% and monthly compounding? Enter your answer as a percentage rounded to 2 decimal places. (An answer of 5.12% would be entered as 5.12)
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