Question: Question 2 (2 points) What is the EAR if the APR is 5% and compounding is semi-annually? 1) over 5.12% 2) Slightly above 5.105% 3)

Question 2 (2 points) What is the EAR if the APR is 5% and compounding is semi-annually? 1) over 5.12% 2) Slightly above 5.105% 3) Slightly above 5.105% 4) Slightly above 5.09% 5) Slightly below 5.09%

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