Stated rate apr number of times compounded effective rate, Financial Management

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Stated rate apr number of times compounded effective rate

Find the EAR in each of the following cases: (Use 365 days a year. Do not round intermediate calculations. Enter your answers a percent rounded to 2 decimal places (e.g., 32.16).) Stated Rate (APR) Number of Times Compounded Effective Rate (EAR)

9.3 % Quarterly %

18.3 Monthly

14.3 Daily

11.3 Infinite

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Financial Management: Stated rate apr number of times compounded effective rate

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