When you have a quoted rate given as an APR compounded per month on an account then:
A) If you divide the APR by 12 you will have the EMR
B) If you take 1 plus the APR to the 12th root, you will have the EMR.
C) If you want to know the actual balance on the account at the end of one year, take 1 plus the APR and multiply by the initial balance.
D) You can never recover the EAR as the APR is not the EAR.
E) None of these statements are true.