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QUESTION 4 Beautinator Cosmetics borrowed $152. 300 from a bank for three years. If the quoted rate (APR) is 12.29 percent, and the compounding is

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QUESTION 4 Beautinator Cosmetics borrowed $152. 300 from a bank for three years. If the quoted rate (APR) is 12.29 percent, and the compounding is daily, what is the effective annual rate (EAR)

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