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 decimal places.)

APR Compounding Period Effective Annual Rate

12%	1 month	____%
8%	3 months	____%
10%	6 months	____%

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