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2. Find the APR, or stated rate, in each of the following cases: Stated Rate (APR) Number of Times Compounded Semiannually Monthly Weekly Infinite Effective

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2. Find the APR, or stated rate, in each of the following cases: Stated Rate (APR) Number of Times Compounded Semiannually Monthly Weekly Infinite Effective Rate (EAR) 9.8% 19.6 8.3 14.2 3. You want to buy a new sports car from Muscle Motors for $73,000. The contract is in the form of a 60-month annuity due at a 6.45 percent APR. What will your monthly payment be

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