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Find the APR in each of the following cases (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal
Find the APR 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.): |
APR | Number of Times Compounded | EAR | |||||||
% | Semiannually | 12.5 | % | ||||||
Monthly | 13.4 | ||||||||
Weekly | 11.1 | ||||||||
Infinite | 14.8 | ||||||||
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