Question: When do you use EAR and when do you use APR in the equation? For example, there are two questions above. For the first question

When do you use EAR and when do you use APR inWhen do you use EAR and when do you use APR in the equation? For example, there are two questions above. For the first question , people convert the EAR to APR before doing the calculations. Where as for the second questions, people convert the 10% APR to EAR semi annually,Please help me understand. Thanks

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