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The effective annual rate is equal to: a. [(1)(APR)(m)]m-1. b. [1 + Quoted rate/m]m-1 c. [1 - Quoted rate/m]m[r]. d. [1 - Quoted rate/m]t/r. e.

The effective annual rate is equal to: a. [(1)*(APR)*(m)]m-1. b. [1 + Quoted rate/m]m-1 c. [1 - Quoted rate/m]m[r]. d. [1 - Quoted rate/m]t/r. e. [1 - Quoted rate/m]m-1

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