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Your answer is incorrect. A three-year bank CD paying 7.12 percent compounded monthly Calculate effective annual interest rate (EAR)? (Round answer to 2 decimal places,

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Your answer is incorrect. A three-year bank CD paying 7.12 percent compounded monthly Calculate effective annual interest rate (EAR)? (Round answer to 2 decimal places, e.g. 15.25%.) Effective annual rate % e Textbook and Media Your answer is incorrect Athree-year bank CD paying 7.62 percent compounded annually. Calculate effective annual interest rate (EAR)? (Round answer to 2 decimal places, e.g. 15.25%.) % Effective annual rate e Textbook and Media

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