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Find the EAR in each of the following cases. Problem 5-12 Calculating EAR [LO 4] Find the EAR in each of the following cases. (Do

Find the EAR in each of the following cases. image text in transcribed

Problem 5-12 Calculating EAR [LO 4] 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.) Number of Times Compounded Effective Rate (EAR) Stated Rate (APR) 12.50% 13.50 18.50 14.50 Quarterly Monthly Daily Semiannually

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