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The EAR is about 6.09% if the APR is 6.01% and compounding is monthly. 1) True 2) False Question 2 (5 points) Saved What is

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The EAR is about 6.09% if the APR is 6.01% and compounding is monthly. 1) True 2) False Question 2 (5 points) Saved What is the EAR of 3-year car loan for $20,000 that has monthly (end of the month) payments of $664.29? 1) 12% 2) 1% O 3) 12.68% O4) 36% Previous Page Next Page Page 1 of 7

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