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Author Question: A bank offers a loan that will requires you to pay 6% interest compounded monthly. Which of the ... (Read 207 times)

michelleunicorn

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on: Jul 9, 2019
A bank offers a loan that will requires you to pay 6% interest compounded monthly.  Which of the following is closest to the EAR charged by the bank?
◦ 6.00%
◦ 5.84%
◦ 72.00%
◦ 6.17%
Fundamentals of Corporate Finance ¦ Berk, DeMarzo, Harford ¦ 2nd Edition
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Marked as best answer by michelleunicorn on Jul 9, 2019

Dunkey

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Reply #1 on: Jul 9, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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michelleunicorn

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Reply #2 on: Jul 9, 2019
Thank you!


Dunkey

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Reply #3 on: Jul 9, 2019
Always glad to help...


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