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Find the EAR in each of the following cases (Use 365 days a year. Do not round intermediate calculations and enter your answers as a
Find the EAR in each of the following cases(Use 365 days 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 NUMBER OF TIMES EFFECTIVE RATE
(APR) COMPOUNDED (EAR)
8.6% QUARTERLY ________%
17.6% MONTHLY _________%
13.6% DAILY _________%
10.6% INFINITE __________%
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