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Problem 6-12 Calculating EAR [LO4] Find the EAR in each of the following cases: (Use 365 days a year. Do not round intermediate calculations

Problem 6-12 Calculating EAR [LO4] 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 Number of Times (APR) Compounded Effective Rate (EAR) 8.7 % 17.7 Quarterly Monthly % 13.7 10.7 Daily Infinite

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