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Find the APR (the stated interest rate) for each case. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal

Find the APR (the stated interest rate) for each case. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

Effective Annual Interest Rate	Compounding Period	APR
22.42%	1 month	?	%
7.95%	6 months	?	%
12.11%	3 months	?	%

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