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You buy an investment today for $9,000. You sell the Investment in 120 days for $9,500. The effective annual rate (EAR) on this investment is

image text in transcribed You buy an investment today for $9,000. You sell the Investment in 120 days for $9,500. The effective annual rate (EAR) on this investment is 13.76% 14.35% 15.56% 16.00% You buy an investment today for $9,000. You sell the Investment in 120 days for $9,500. The effective annual rate (EAR) on this investment is 13.76% 14.35% 15.56% 16.00%

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