Find the EAR in each of the following cases. (Do not round intermediate calculations and enter your answers as a

Question

Find the EAR in each of the following cases. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Use 365 days in a year.) Number of Times Stated Rate (APR) Compounded 11.75 % Quarterly 14.25% Monthly 17.75 % Daily 13.75% Semiannually Effective Rate (EAR) % % % %

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Stated Rate (APR) Number of times compounded Number of times compounded (n) Effective Rate (EAR) (=(1+APR/n)^n - 1) 11.75% Quarterly 4 12.28% (=(1+0.1175/4)^4 - 1) 14.25% Monthly 12 15.22% (=(1+0.1425/12)^12 - 1) 17.75% Daily 365 19.42% (=(1+0.1775/365)^365 - 1) 13.75% Semiannually 2 14.22% (=(1+0.1375/2)^2 - 1)

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Find the EAR in each of the following cases

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Stated Rate (APR)	Number of times compounded	Number of times compounded (n)	Effective Rate (EAR) (=(1+APR/n)^n - 1)
11.75%	Quarterly	4	12.28% (=(1+0.1175/4)^4 - 1)
14.25%	Monthly	12	15.22% (=(1+0.1425/12)^12 - 1)
17.75%	Daily	365	19.42% (=(1+0.1775/365)^365 - 1)
13.75%	Semiannually	2	14.22% (=(1+0.1375/2)^2 - 1)