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Sophia invests $ 8 , 0 5 9 in a savings account that offers an annual percentage rate ( APR ) of 6 . 5

Sophia invests $8,059 in a savings account that offers an annual percentage rate (APR) of 6.5%. Unlike typical savings accounts, this account compounds interest continuously. What is the effective annual rate (EAR)?
6.50%
106.72%
6.66%
6.72%
6.61%
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