Find the EAR in each of the following cases. (Do not round intermediate calculations and enter your
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Question:
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.)
Stated Rate (APR). | Stated Rate (APR)Number of Times. | CompoundedEffective Rate (EAR)
- 13.50% |. Semiannually | ____________?
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