# Find the EAR in each of the following cases

## Question: Find the EAR in each of the following cases (Use 3…

Find the EAR in each of the following cases (Use 365 days a year. Do not round intermediate calculations. 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) | |||||||

8.4 | % | Quarterly | % | ||||||

17.4 | Monthly | ||||||||

13.4 | Daily | ||||||||

10.4 | Infinite |