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Which of the following APRs compounded monthly is equivalent to an APR of 13.40% compounded quarterly using 360-day calendar years, 30-day months, and 3-month quarters?

Which of the following APRs compounded monthly is equivalent to an APR of 13.40% compounded quarterly using 360-day calendar years, 30-day months, and 3-month quarters? options: 13.624% 13.965% 14.306% 14.646% 14.987%

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