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Find the EAR in each of the following cases. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Use 365 days in a year.)
Stated Rate (APR) Number of Times Compounded Effective Rate (EAR)
10.75 % Quarterly
15.25% Monthly
16.75% Daily
12.75% Semiannually
Sagot :
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