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5-Find the APR, or stated rate, in each of the following cases. (Do not round intermediate calculations and enter your answers as a percent rounded

5-Find the APR, or stated rate, 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)

%

Semiannually

15.50

%

%

Monthly

11.50

%

Weekly

9.50

%

Daily

7.50

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