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Your company borrowed 545.000 from a barik. If the quoted rate (APR) is 10.6% and interest is compounded daily, what is the effective annual rate

Your company borrowed 545.000 from a barik. If the quoted rate (APR) is 10.6% and interest is compounded daily, what is the effective annual rate (EAR? a. 11.34% 6.11.45% 10.71 d. 11.18 e, 11.51

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