Question: Please help me solve this A monthly compounded account earns an effective annual rate (EAR) of 18%. What is the effective rate of return semi-annually?

Please help me solve this A monthly compounded account earns an

Please help me solve this

effective annual rate (EAR) of 18%. What is the effective rate of

A monthly compounded account earns an effective annual rate (EAR) of 18%. What is the effective rate of return semi-annually? %

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