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Find APR or stated rate in each of the following cases: Number of times compounded Effective Rate (EPR) Semianually 12.4% Monthly 11.7% Weekly 9.5% Infinite
Find APR or stated rate in each of the following cases:
Number of times compounded | Effective Rate (EPR) |
Semianually | 12.4% |
Monthly | 11.7% |
Weekly | 9.5% |
Infinite | 7.9% |
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