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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.) Effective Rate (EAR) % Number of Times Stated Rate (APR) Compounded 10.25 % Quarterly 15.75 % Monthly 16.25 % Daily 12.25 % Semiannually % %
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