Question: A ( n ) 8 % APR with semiannually compounding is closest to A . an EAR of 6 . 5 6 % B .

A(n)8%APR with semiannually compounding is closest to
A. an EAR of 6.56%
B. an EAR of 16.4%
C. an EAR of 8.2%
D. an EAR of 9.84%
A ( n ) 8 % APR with semiannually compounding is

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