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Calculatie the Annual Percentage Rate (APR) interest rate for the following:

Effective Annual interest Rate Componding period

10.00% 1 month

6.09% 6 months

8.24% 3 months

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Solution Summary

Calculates APR, given effective annual interest rate and componding period.

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Effective Annual interest Rate Compounding period APR

10.00% 1 month 9.57%

6.09% ...

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