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What is the Effective Rate( EAR) in each of the following cases? ( Use 365days a year.) 1 .Stated Rate (APR) 8.3% Numer of Time

What is the Effective Rate( EAR) in each of the following cases? ( Use 365days a year.)

1.Stated Rate (APR)

8.3%

Numer of Time Compounded

Quarterly

2.Stated Rate (APR)

17.3%

Numer of Time Compounded

Monthly

3.Stated Rate (APR)

13.3%

Numer of Time Compounded

Daily

4. Stated Rate (APR)

10.3%

Numer of Time Compounded

Infinite

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