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Seved 7 The rate on a billboard advertisement for First National Bank is 14.1 percent compounded monthly, while the rate on a television advertisement for

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Seved 7 The rate on a billboard advertisement for First National Bank is 14.1 percent compounded monthly, while the rate on a television advertisement for First United Bank is 14.4 percent compounded semiannually. Is What is the EAR for First National Bank and First United Bank. (Do not round Intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) eBook Hint EAR First National Print % First United % eferences As a potential borrower, which bank would you go to for a new loan? First National Bank First United Bank

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