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Find the APR, or stated rate, in each of the following cases: Semiannually 11.1%


Find the APR, or stated rate, 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.): 


Stated Rate (APR)Number of Times CompoundedEffective Rate (EAR)

%Semiannually11.1%


Monthly19.6


Weekly10.5


Infinite8.4


business   accounting   
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Answer #1

In the question given the effective rate (EAR) and need to find the stated rate (APR): Using the equation: EAR = [1 + (APR/m)

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