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Problem 6-12 Calculating EAR (L04] Find the EAR in each of the following cases: (Use 365 days a year. Do not round intermediate calculations and

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Problem 6-12 Calculating EAR (L04] 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) 8.0 % Effective Rate (EAR) % Number of Times Compounded Quarterly Monthly Daily Infinite 17.0 13.0 10.0

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