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Find the EAR in each of the following cases. (Do not include the percent signs (%). Round your answers to 2 decimal places. (e.g., 32.16))
Find the EAR in each of the following cases. (Do not include the percent signs (%). Round your answers to 2 decimal places. (e.g., 32.16)) Stated Rate (APR) Number of Times Compounded Effective Rate (EAR) 8 % Quarterly % 16 % Monthly % 12 % Daily % 15 % Infinite %
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