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Question 9 (1 point) Your bank account pays interest with an effective annual rate (EAR) of 6%. What is the nominal annual rate (APR) quote

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Question 9 (1 point) Your bank account pays interest with an effective annual rate (EAR) of 6%. What is the nominal annual rate (APR) quote for this account based on monthly compounding? Type the equation that you used to solve the problem along with your

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