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You have found three investment choices for a one-year deposit: 9.2% APR compounded monthly, 9.2% APR compounded annuall
Posted: Sat Nov 27, 2021 5:35 pm
by answerhappygod
- You Have Found Three Investment Choices For A One Year Deposit 9 2 Apr Compounded Monthly 9 2 Apr Compounded Annuall 1 (22.69 KiB) Viewed 63 times
You have found three investment choices for a one-year deposit: 9.2% APR compounded monthly, 9.2% APR compounded annually, and 8.3% APR compounded daily. Compute the EAR for each investment choice. (Assume that there are 365 days in the year.) (Note: Be careful not to round any intermediate steps less than six decimal places.) The EAR for the first investment choice is %. (Round to three decimal places.) The EAR for the second investment choice is %. (Round to three decimal places.) The EAR for the third investment choice is %. (Round to three decimal places.)