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28 Sep 2019
Find the APR, or stated rate, in each of the following cases:
Stated Rate (APR) Number of Times Compounded Effective Rate (EAR) % Semiannually 11.60 % % Monthly 8.70 % Weekly 7.80 % Infinite 15.90
Find the APR, or stated rate, in each of the following cases:
Stated Rate (APR) | Number of Times Compounded | Effective Rate (EAR) | |||
% | Semiannually | 11.60 | % | ||
% | Monthly | 8.70 | |||
% | Weekly | 7.80 | |||
% | Infinite | 15.90 | |||
Bunny GreenfelderLv2
28 Sep 2019