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what is the effective annual rate of the mortgage (quarterly payment).... EAR What is the effective annual rate (EAR) of a mortgage that is advertised

what is the effective annual rate of the mortgage (quarterly payment)....

EAR What is the effective annual rate (EAR) of a mortgage that is advertised at 7.5% (APR) over the next twenty years and paid with quarterly payments? What the effective annual rate (EAR) of the mortgage at 7 5% APR with quarterly payments? DO,' (Round to two decimal places.)

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