What is the effective annual rate (EAR) of an 8 percent annual stated rate that is compounded daily (assume 365 days per

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899604
Joined: Mon Aug 02, 2021 8:13 am

What is the effective annual rate (EAR) of an 8 percent annual stated rate that is compounded daily (assume 365 days per

Post by answerhappygod »

What is the effective annual rate (EAR) of an 8 percent annual
stated rate that is compounded daily (assume 365 days per
year)?
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”