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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)
9.6 % Quarterly %
18.6 Monthly
14.6 Daily
11.6 Infinite

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