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The effective annual rate (EAR) for a savings account with a stated APR of 6% compounded daily is closest to: O A. 6.8% B. 8.04%

The effective annual rate (EAR) for a savings account with a stated APR of 6% compounded daily is closest to: O A. 6.8% B. 8.04% OC. 6.18% OD. 7.42%

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