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An 6% APR with semiannually compounding is closest to which of the following? ...

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Finance

An 6% APR with semiannually compounding is closest to which of the following?
A. an EAR of 6.09%
B. an EAR of 7.31%
C. an EAR of 12.18%
D. an EAR of 4.87%
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