Question: 4. The semi-annually compounded APR is 18%. a. What monthly compounded APR has the same EAR? b. What is the present value today of $50,000

4. The semi-annually compounded APR is 18%. a. What monthly compounded

4. The semi-annually compounded APR is 18%. a. What monthly compounded APR has the same EAR? b. What is the present value today of $50,000 to be received in 4 years

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