Question: please show work What is the EAR if the APR is 15.0% and the compounding period is monthly? Please round to 2 decimal places and

please show work

What is the EAR if the APR is 15.0% and the compounding period is monthly? Please round to 2 decimal places and use % symbol. cu You decide to endow an annual business school party at DePaul, beginning in 3 years. The party is expected to cost $1,200 at that time, growing at 2%. Interest rates are 4.5%. How much would you need to donate today to fund this

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