Find the APR, or stated rate, in each of the following cases. (Use 365 days in a year).
a) 14.50% compounded semi annually
b) 10.50% compounded monthly
c) 10.50% compounded weekly
d) 8.50% compounded daily
Find the APR, or stated rate, in each of the following cases. (Use 365 days in a year).
a) 14.50% compounded semi annually
b) 10.50% compounded monthly
c) 10.50% compounded weekly
d) 8.50% compounded daily