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Find the EAR in each of the following cases: (Use 365 days a year. Do not round intermediate calculations. Round the final answers to 2

Find the EAR in each of the following cases: (Use 365 days a year. Do not round intermediate calculations. Round the final answers to 2 decimal places.)

Stated Rate (APR) Number of Times Compounded Effective Rate (EAR)
11.0 % Quarterly %
20.0 Monthly
16.0 Daily
13.0 Infinite

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