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8 . Find the EAR in each of the following cases: Stated Rate ( APR ) # Compounding Periods 4 . 5 0 % Semi

8 .

Find the EAR in each of the following cases:

Stated Rate

(

APR

)

# Compounding Periods

4.50 %

Semi

-

annual

7.25 %

Monthly

6.77 %

Daily

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