Question: Two separate problems, please solve. Problem 5-12 Calculating EAR (LO 4] Find the EAR in each of the following cases. (Do not round intermediate calculations
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Problem 5-12 Calculating EAR (LO 4] Find the EAR in each of the following cases. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Use 365 days in a year.) Effective Rate (EAR) % Number of Times Stated Rate (APR) Compounded 11.75 % Quarterly 14.25% Monthly 17.75 % Daily 13.75 % Semiannually % % % Problem 5-13 Calculating APR (LO 4] Find the APR, or stated rate, in each of the following cases. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Use 365 days in a year.) Effective Rate (EAR) 12.25 % Number of Times Stated Rate (APR) Compounded % Semiannually % Monthly % Weekly Daily 8.25 % 12.75 % 10.75 %
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