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What is the annual percentage rate for an EAR of 18.4 percent compounded monthly? a. 20.03% b. 17.01% c. 14.17% d. 18.4% e. 12.17% What

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What is the annual percentage rate for an EAR of 18.4 percent compounded monthly? a. 20.03% b. 17.01% c. 14.17% d. 18.4% e. 12.17% What is the effective annual rate for an APR of 15.10 percent compounded monthly? a. 15.98% b. 15.18% c. 16.08% d. 16.19% e. 17.00%

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