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Find the EAR in each of the following cases. Note: Use 365 days in a year. Do not round intermediate calculations and enter your
Find the EAR in each of the following cases. Note: Use 365 days in a year. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Stated Rate (APR) Number of Times Compounded 7.8 % Quarterly 15.3 % Monthly 12.4 % Daily 11.4 % Semiannually Effective Rate (EAR) % % % %
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