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 as

Problem 5-60 Effective Interest Rate (LO4) Find the APR (the stated

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 Compounding Period APR Interest Rate 12.68% 1 month 6.50 6 months 9.09 3 months

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