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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 and

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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 and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Stated Rate (APR) 9.1 % Effective Rate (EAR) % 18.1 Number of Times Compounded Quarterly Monthly Daily Infinite 14.1 1

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