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Find the APR (stated rate) a) Number of times compounded: semiannually Effective rate (EAR): 12.50% b) number of times compounded: monthly Effective rate (EAR): 8.50%

Find the APR (stated rate)

a) Number of times compounded: semiannually

Effective rate (EAR): 12.50%

b) number of times compounded: monthly

Effective rate (EAR): 8.50%

c) number of times compounded: weekly

Effective rate (EAR): 12.50%

d) number of times compounded: daily

Effective rate (EAR): 10.50%

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