12. Calculating EAR [LO4] Find the EAR in each of the following cases: 4 Stated Rate (APR) Compunding Compound Effective Annual times (no) Rate (EAR) 0.09 Quarterly 0.16 Monthly 0.12 Daily 0.11 Infinite 13. Calculating APR [LO4] Find the APR, or stated rate, in each of the following cases: Compound Number of Effective Annual (no#) Stated Rate (APR) Times Rate (EAR) Semiannuali 2 0.111 Monthly 0.196 Weekly 0.105 Infinite 0.084 14. Calculating EAR [LO4] National Bank charges 13.1 percent compounded monthly on its business loans. United Bank charges 13.4 percent compounded semiannually. As a potential borrower, which bank would you go to for a new loan? National Bank APR Annual compounding EAR United Bank APR Annual compounding EAR Difference (National - United) which bank do you prefer