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What is the Stated Rate( APR) in each of the following cases? 1. Effective Rate (EAR) 10.6% Numer of Time Compounded SemiAnnually 2. Effective Rate
What is the Stated Rate( APR) in each of the following cases?
1.Effective Rate (EAR)
10.6%
Numer of Time Compounded
SemiAnnually
2. Effective Rate (EAR)
11.5%
Numer of Time Compounded
Monthly
3.Effective Rate (EAR)
9.2%
Numer of Time Compounded
Weekly
4.Effective Rate (EAR)
12.9%
Numer of Time Compounded
Infinite
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