Question: Please include excel formula A loan is offered with monthly payments and a 9.00 percent APR. What's the loan's effective annual rate (EAR)? (Do not

Please include excel formula Please include excel formula A loan is offered with monthly payments

A loan is offered with monthly payments and a 9.00 percent APR. What's the loan's effective annual rate (EAR)? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Payments per year APR 12 9.00% Complete the following analysis. Do not hard code values in your catesilations EAR Sheet1 . +-+! 100%

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