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First National Bank charges 12.0 percent compounded monthly on its business loans. First United Bank charges 12.2 percent compounded semiannually. Requirement : Calculate the EAR for each bank. (Do not
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May 7, 2023
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First National Bank charges 12.0 percent compounded monthly on its business loans. First United Bank charges 12.2 percent compounded semiannually.
Requirement : Calculate the EAR for each bank. (Do not include the percent signs (%).
Business
college
Waseem Kurne
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Answer: Thats the right one
Explanation: im not gay
Terry Harvey
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May 11, 2023
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