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First City Bank offers an APR of 7.65 percent, compounded continuously, on its loans. What...

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First City Bank offers an APR of 7.65 percent, compounded continuously, on its loans. What is the EAR based of the loan? O A 7.95 percent OB. 8.14 percent OC. 8.21 percent OD. 7.78 percent OE. 7.86 percent

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