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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) 10.9 % Quarterly % 19.9 Monthly 15.9 Daily 12.9 Infinite
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