Question: Find the APR (the stated interest rate) for each case. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal
Find the APR (the stated interest rate) for each case. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)
Effective Annual Interest Rate: Compounding Period APR:
14.03% 1 month _______ %
6.71% 6 month _______ %
9.52% 3 month _______ %
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