Find the effective annual interest rate (EAR) for each of the following: 4.00 percent compounded quarterly. (Round answer to 2 decimal places, e.g. 15.25%.)

Effective annual rate %

4.80 percent compounded monthly. (Round answer to 2 decimal places, e.g. 15.25%.)

Effective annual rate%

6.50 percent compounded semiannually. (Round answer to 2 decimal places, e.g. 15.25%.)

Effective Annual Rate %

4.50 percent compounded daily. (Round answer to 2 decimal places, e.g. 15.25%. Use 365 days for calculation.)

Effective Annual Rate %