roblem 5-13 Calculating APR [LO 4]

Find the APR, or stated rate, in each of the following cases. (Use 365 days in a year. Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations. Enter your answers as a percent rounded to 2 decimal places (e.g., 32.16).)

State Rate (APR)	Number of Times Compounds	Effective Rate (EAR)
%	Semiannually	14.50%
%	Monthly	10.50
%	Weekly	10.50
%	Daily	8.50