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Find the EAR in each of the following cases. (Use 365 days in a year. Do not round intermediate calculations and enter your answer
Find the EAR in each of the following cases. (Use 365 days in a year. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Stated rate (APR) Number of Times Compounded Effective Rate (EAR) 10.2 % Quarterly % 18.0 % Monthly % 13.5 % Daily 9.5 % Semiannually % %
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Business Math
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
10th edition
133011208, 978-0321924308, 321924304, 978-0133011203
