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Find the EAR in each of the following cases: Input area: Output area: begin{tabular}{|ccc|} hline multicolumn{3}{c|}{ Compounding periods per } Stated rate (APR) &
Find the EAR in each of the following cases: Input area: Output area: \begin{tabular}{|ccc|} \hline \multicolumn{3}{c|}{ Compounding periods per } \\ Stated rate (APR) & year \\ \hline 7.20% & 2 & Effective rate (EAR) \\ 15.10% & 12 & 52 \\ 12.20% & Infinite \\ 11.10% & \\ \hline \end{tabular}
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