Question: Please help me answer those questions. Find the APR, or stated rate, in each of the following cases. (Do not round intermediate calculations and enter
Please help me answer those questions.
Find the APR, or stated rate, in each of the following cases. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Use 365 days in a year.) Stated Rate (APR) Effective Rate (EAR) 16.00% % % Number of Times Compounded Semiannually Monthly Weekly Daily 12.00 9.00 % % 7.00
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