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12. Calculating EAR [LO4] Find the EAR in each of the following cases: Stated Rate (APR) # of times compounded Effective (EAR) 7% Quarterly 17%
12. Calculating EAR [LO4] Find the EAR in each of the following cases:
| Stated Rate (APR) | # of times compounded | Effective (EAR) |
| 7% | Quarterly |
|
| 17% | Monthly |
|
| 13% | Daily |
|
| 10% | Infinite |
|
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