Question: Problem 5-12 Calculating EAR (LO 4) Find the EAR in each of the following cases. (Use 365 days in a year. Do not round intermediate

Problem 5-12 Calculating EAR (LO 4) Find the EAR in each

Problem 5-12 Calculating EAR (LO 4) Find the EAR in each of the following cases. (Use 365 days in a year. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Stated rate Number of Times (APR) Compounded 10.2 % Quarterly 18.0 % Monthly 13.5 % Daily 9.5% Semiannually Effective Rate (EAR) % % % %

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