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What is the EAR if the APR is 8 percent compounded monthly? What is the EAR if the APR is 4 percent compounded daily? Enter

What is the EAR if the APR is 8 percent compounded monthly?

What is the EAR if the APR is 4 percent compounded daily?

Enter answers as 4 decimals (e.g. 0.1234)

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