Question: A ( n ) 8 % APR with monthly compounding is closest to An EAR of 9 . 5 % . An EAR of 8

A(n)8% APR with monthly compounding is closest to
An EAR of 9.5%.
An EAR of 8.8%.
An EAR of 9.0%.
An EAR of 8.3%.
A ( n ) 8 % APR with monthly compounding is

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