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NEED TO CALCULATE EAR Stated rate (APR) # of times per year Effective rate 9.80% Quarterly 12.40% Monthly 7.60% Daily 8.40% Infinite

NEED TO CALCULATE EAR


Stated rate (APR)	# of times per year	Effective rate
9.80%	Quarterly
12.40%	Monthly
7.60%	Daily
8.40%	Infinite

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