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Find the ear in cases

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Reference no: EM131868822

Find the EAR in each of the following cases (Use 365 days a year. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.):

Stated Rate (APR) Number of Times Compounded Effective Rate (EAR)

 9.7%  Quarterly________  % 

 18.7   Monthly _________     

 14.7   Daily      _________ 

 11.7   Infinite    _________

Reference no: EM131868822

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