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What is the effective annual rate for an APR of 10.80 percent compounded quarterly?

What is the effective annual rate for an APR of 10.80 percent compounded quarterly?
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2 votes
What is the effective annual rate for an APR of 10.80 percent compounded quarterly?

asked
User Mike Gardner
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1 Answer

5 votes

Answer:I think its 11.89

Step-by-step explanation:

answered
User Alexandre Santos
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