Question: Problem 5-60 Effective Interest Rate (LO4) Find the APR (the stated interest rate) for each case. (Do not round intermediate calculations. Enter your answers

Problem 5-60 Effective Interest Rate (LO4) Find the APR (the stated interest rate) for each case. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Effective Annual Interest Rate Compounding Period APR 11.35 % 1 month % 6.30 % 6 months % 8.67 % 3 months %

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