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You notice a local consumer finance company is offering a 6% APR loan, but compounds interest continuously. What is the loan's EAR? 7.25% 6.189% 6.16%

You notice a local consumer finance company is offering a 6% APR loan, but compounds interest continuously. What is the loan's EAR? 7.25% 6.189% 6.16% 0.52% 0.50%

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