Question: A ( n ] 1 2 % APR with monthly compounding is closest to an EAR of 1 2 . 6 8 % an EAR

A(n]12% APR with monthly compounding is closest to
an EAR of 12.68%
an EAR of 15.22%
an EAR of 25.36%
an EAR of 10.14%

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