Question: finance question Find the APR, or stated rate, given the EAR, or effective annual interest rate. Required: (a) An effective interest of 14% (quote as
finance question

Find the APR, or stated rate, given the EAR, or effective annual interest rate. Required: (a) An effective interest of 14% (quote as an APR compounded semiannually) 11.51% (b) An effective interest of 15% (quote as an APR compounded monthly) (Click to select) v (c) An effective interest of 15% (quote as an APR compounded weekly) (Click to select) v (d) An effective interest of 19% (quote as an APR with infinite, or continuous, compounding). NOTE: here you use the equation EAR = e -1. Don't forget that the natural log of the natural number e raised to the power X is equal to X. (Click to select) v
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