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Vito Corleone will loan you money on a ten-for-nine arrangement; i.e., for every $9 he gives you today, you give him $10 on payday, which

Vito Corleone will loan you money on a "ten-for-nine" arrangement; i.e., for every $9 he gives you today, you give him $10 on payday, which is one month from now. What is the EAR of this loan?

please show the step by step calculations along with what goes in the financial calculator (i.e. N, I/Y, PV, PMT, FV)

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