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Find the EAR in each of the following cases. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal
Find the EAR 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. Use 365 days in a year.) X Answer is not complete. Stated Rate (APR) Effective Rate (EAR) 3.10 X % 10.50 % 15.50 % Number of Times Compounded Quarterly Monthly Daily Semiannually % 16.50 % % 12.50 % % Assume that in 2018, the first edition of a comic book was sold at auction for $597,200. The comic book was originally sold in 1935 for $.05. For this to have been true, what was the annual increase in the value of the comic book? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Annual increase %
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