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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
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) Number of Times Compounded Quarterly Monthly Daily Infinite Effective Rate (EAR) 8.2% 17.2 13.2 10.2
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