Question: Jessica earned 4% return in 4 months, while James earned 5% in 5 months. a. What is Jessica's APR? % b. What is James' APR?

Jessica earned 4% return in 4 months, while James earned 5% in 5 months. a. What is Jessica's APR? % b. What is James' APR? % c. What is Jessica's EAR? (Round your answer to two decimal points) % d. What is James' EAR? (Round your answer to two decimal points) %
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