Question: Midterm Problem 6-12 Calculating EAR (L04] 15 Find the EAR in each of the following cases: (Use 365 days a year. Do not round intermediate

Midterm Problem 6-12 Calculating EAR (L04] 15 Find the EAR in each of the following cases: (Use 365 days a year. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g.. 32.16.) 6 points Stated Rate (APR) 10.0 % 19.0 Effective Rate (EAR) % 02.18 57 Number of Times Compounded Quarterly Monthly Daily Infinite 150 120

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