Question: help with part #3 please. Intro The quoted interest rate is 5.2% (APR with quarterly compounding). IP Attempt 1/10 for 10 pts. Part 1 What

help with part #3 please. help with part #3 please. Intro The quoted interest rate is 5.2%

Intro The quoted interest rate is 5.2% (APR with quarterly compounding). IP Attempt 1/10 for 10 pts. Part 1 What is the quarterly rate? 1.3% Correct APR 0.052 Tq - 4 = 0.013 4 IB Attempt 1/10 for 10 pts. Part 2 What is the effective annual rate (EAR)? .053 Correct EAR = (1 + r)* #of periods per year - 1 = (1 + 0.013) - 1 = 0.053 Part 3 IB Attempt 2/10 for 9 pts. What is the effective annual rate (EAR) with continuous compounding? 3+ decimals Submit

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