Question: i will give good feedback EAR. What is the effective annual rate (EAR) of a mortgage that is advertised at 7.5% (APR) over the next
i will give good feedback
EAR. What is the effective annual rate (EAR) of a mortgage that is advertised at 7.5% (APR) over the next twenty years and paid with semiannual payments? What is the effective annual rate (EAR) of the mortgage at 7.5% APR with semiannual payments? % (Round to two decimal places.)
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