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Unanswered Question 4 0/0 pts Calculating APR You have an investment that compounds quarterly (4 periods/year) that will provide you with an effective annual rate
Unanswered Question 4 0/0 pts Calculating APR You have an investment that compounds quarterly (4 periods/year) that will provide you with an effective annual rate (EAR) of 11.7% over the next 21 years. What is the annual percentage rate (APR) associated with this investment? Your answer should be expressed as a percentage rounded to the 2nd place to the right of the decimal point; (e.g., 5.249% should be entered as 5.25) You Answered Correct Answer 11.22 margin of error +/-0.01
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