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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 (apr) number of times compounded effective rate (ear)

8.0% quarterly

17.0 monthly

13.0 daily

10.0 infinite

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