Question: please tell me how to solve this problem by excel function If the APR is 596, find the EAR for each of the given compounding

please tell me how to solve this problem by excel function

If the APR is 596, find the EAR for each of the given compounding frequencies insert a text box and interpret the EAR for Daily compounding Compounding Periods in 1 Year Compounding Frequency Annual Semiannual Quarterl Monthl Dail APR EAR Answers 5.00% 5.06% 5.09% 5.12% 5.13% Use the appropriate formulas and Excel function to solve the problem (typed-in solutions receive 0 credit)

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