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You have an EAR of 4%. The equivalent APR using continuous compounding is [Hint: use the continuous compounding formula above] SET YOUR CALCULATOR TO 4
You have an EAR of 4%. The equivalent APR using continuous compounding is [Hint: use the continuous compounding formula above] SET YOUR CALCULATOR TO 4 DECIMAL PLACES AND ROUND YOUR ANSWER TO TWO DECIMAL PLACES AT THE END. ENTER JUST THE NUMBER WITH NO OTHER SIGN. FOR EXAMPLE IF YOUR ANSWER IS 22.5678% ENTER AS 22.57 ONLY
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