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Stated Rate (APR) Number of Times Compounded Effective Rate (EAR) % Semiannually 10.8 % Monthly 11.7 Weekly 9.4 Infinite 13.1 Find the APR for each
Stated Rate (APR) | Number of Times Compounded | Effective Rate (EAR) | |||||||
% | Semiannually | 10.8 | % | ||||||
Monthly | 11.7 | ||||||||
Weekly | 9.4 | ||||||||
Infinite | 13.1 | ||||||||
Find the APR for each (semiannually, monthly, weekly, infinite) I had 4.87, 2.83, 7.32, 12.31? but got it wrong
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