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) 8.5 % 17.5 13.5 Answer is complete but not entirely correct. Number of Times Effective Rate Compounded (EAR) Quarterly 12.20 X % Monthly 12.37 Daily 10.27 Infinite 13.54 10.5