Question: A three - year bank CD paying 7 . 5 7 percent compounded annually. Calculate effective annual interest rate ( EAR ) ? ( Round

A three-year bank CD paying 7.57 percent compounded annually. Calculate effective annual interest rate (EAR)?(Round answer to 2 decimal places, e.g.15.25%.)
Effective annual rate %
A three-year bank CD paying 7.57 percent compounded annually. Calculate effective

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