Question: Question 2 (6 points) What is the EAR if the APR is 11.0% and the compounding period is monthly? Please round to 2 decimal places

Question 2 (6 points) What is the EAR if the APR

Question 2 (6 points) What is the EAR if the APR is 11.0% and the compounding period is monthly? Please round to 2 decimal places and use % symbol. A/

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