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3. Calculating EAR: Find the EAR in each of the following cases: Stated Rate (APR) Number of Times Compounded Effective Rate (EAR) 7.8% Quarterly

3. Calculating EAR: Find the EAR in each of the following cases: Stated Rate (APR) Number of Times Compounded Effective Rate (EAR) 7.8% Quarterly 15.3% Monthly 12.4% Daily 11.4% Infinite

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