Question: What is the EAR if the APR is 13 percent compounded monthly? Enter answer as 4 decimals (e.g. 0.1234)

What is the EAR if the APR is 13 percent compounded

What is the EAR if the APR is 13 percent compounded monthly? Enter answer as 4 decimals (e.g. 0.1234)

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