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What is the EAR of a 6-year investment, where the APR is 13% and interest compounds quarterly? Select one: a.13.65% b.115.46% c.21.15% d.13.40%

What is the EAR of a 6-year investment, where the APR is 13% and interest compounds quarterly?

Select one:

a.13.65%

b.115.46%

c.21.15%

d.13.40%

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