Answer:
14.76%
8.37%
8.99%
13.89%
Explanation:
the formula for finding APR is - periodic interest rate x number of times compounded
Periodic interest rate = (EAR + 1 ) ^1/m - 1
(0.153 + 1)^1/2 - 1 = 0.0738 = 7.38
APR = 2 x 7.38% = 14.76%
(0.087 + 1)^1/12 - 1 = 0.006976
APR = 0.006976 X 12 = 0.0837 = 8.37%
(0.094 + 1 ) 1/52 - 1 = 0.001729
0.001729 x 52 = 0.0899 = 8.99%
(0.149 + 1)^1/365 - 1 = 0.000381
0.000381 x 365 = 0.138918 = 13.89%
