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You invested in a 3-month certificate of deposit at your bank. Your investment was $2,170, and at the end of the term you will receive

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You invested in a 3-month certificate of deposit at your bank. Your investment was $2,170, and at the end of the term you will receive $2,178. What is the annual percentage rate (APR)? (Round your final percentage answer to 2 decimal places.) O 1.94% O 1.42% O 1.47% What is the effective annual rate (EAR)? (Round your final percentage answer to 2 decimal place O 1.48% O 1.99% 1.38%

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