Find the EAR in each of the following cases (Use 365 days a year. Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)): Stated Rate (APR) Number of Times Compounded Effective Rate (EAR) 9 % Quarterly % 18 Monthly 14 Daily 11 Infinite

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Effective annual rate EAR 1 ... View the full answer