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Problem 6-13 Calculating APR [LO4]
Find the APR, or stated rate, in each of the following cases: (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g.,32.16.)
\table[[\table[[Stated Rate],[(APR)]],\table[[Number of Times],[Compounded],[Semiannually]],\table[[Effective Rate],[(EAR)]]],[11.90,%,12.3,%
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