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Calculate the effective annual rates for each of the following cases: Stated Rate (APR) Number of Times Compounded Effective Rate (EAR) 7% Quarterly 12% Monthly

Calculate the effective annual rates for each of the following cases:

Stated Rate (APR)	Number of Times Compounded	Effective Rate (EAR)
7%	Quarterly
12%	Monthly
6%	Semiannually

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