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Find the EAR in each of the following cases (Use 365 days a year. Do not round intermediate calculations and round your final answers to
Find the EAR in each of the following cases (Use 365 days a year. Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)):
Stated Rate (APR) Number of Times Compounded Effective Rate (EAR)
9 % Quarterly
18 Monthly
14 Daily
11 Infinite
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