Question: Find the effective annual interest rate for each case. (Do not round interme calculations. Round your answers to 2 decimal places.) APR Compounding Period 1

Find the effective annual interest rate for each case. (Do not round interme calculations. Round your answers to 2 decimal places.) APR Compounding Period 1 month 3 months 6 months Effective Annual Rate % 25.0% 20.0% 14.0% % %

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