Question: Question 10 10 points Save Answer A loan carries interest at the rate of 18% APR, or 1.5% per month. What is the effective annual

Question 10 10 points Save Answer A loan carries interest at

Question 10 10 points Save Answer A loan carries interest at the rate of 18% APR, or 1.5% per month. What is the effective annual rate (EAR) if compounding is done monthly

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