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What is the effective annual rate (EAR) for an investment that pays 10% compounded annually? Selected answer will be automatically saved. For keyboard navigation, press

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What is the effective annual rate (EAR) for an investment that pays 10% compounded annually? Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer a equal to 10% b greater than 10% c less than 10% d This question cannot be answered without knowing the dollar amount the investment e None of the above is correct

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