Question: Please include explaination 1 Question 2 0/1 pts You have a loan from a bank that has an EAR of 22%. If the interest is

Please include explaination 1 Question 2 0/1 pts You have a loan Please include explaination

1 Question 2 0/1 pts You have a loan from a bank that has an EAR of 22%. If the interest is compounded quarterly, what is the APR? Enter your answer as a decimal number, NOT as a percent. Round to 4 decimals. For example, 0.1234. ed er 0.2039 margin of error +/-0.1%

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