Find the apr or stated rate in each of the following cases, Ask an Expert

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Find the APR, or stated rate, in each of the following cases. (Use 365 days in a year. Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations. Enter your answers as a percent rounded to 2 decimal places (e.g., 32.16).)

Stated Rate (APR) Number of times compounded EAR

Semiannually 15.00%

Monthly 11.00%

Weekly 10.00%

Daily 8.00%

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91418774

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