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Your bank account pays interest with an EAR of 8%. What is the APR quote for this account based on semiannual compounding? What is the

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Your bank account pays interest with an EAR of 8%. What is the APR quote for this account based on semiannual compounding? What is the APR with monthly compounding? With semiannual payments, the APR is %. (Round to three decimal places.)

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