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Find the EAR in each of the following cases (Use 365 days a year. Do not round intermediate calculations. Enter your answers as a percent

Find the EAR in each of the following cases (Use 365 days a year. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Stated Rate (APR)

Number of Times Compounded

Effective Rate (EAR)

11.7

Infinite

Note: Please help to resolve this question using TI BA Plus calculator also.

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