Question: Find the effective annual interest rate for each case. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

Find the effective annual interest rate for each case. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2

Find the effective annual interest rate for each case. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) APR 8 % 6 10 Compounding Effective Annual Period Rate 1 month 3 months % 6 months 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.) APR Effective Annual Compounding Interest Rate Period 18.16 % 1 month 7.33 6 months 10.81 3 months % % %

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