Question: Find the effective annual interest rate for each case. (Do not round intermediate calculations. Round your answers to 2 decimal places.) APR Effective Annual Rate

Find the effective annual interest rate for each case. (Do not round intermediate calculations. Round your answers to 2 decimal places.) APR Effective Annual Rate 16.0% 5.5% 15.5% Compounding Period 1 month 3 months 6 months % % %

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