You have found three investment choices for a one-year deposit: 10% APR compounded monthly, 10% APR compounded annually,
Posted: Sat Feb 26, 2022 9:04 am
You have found three investment choices for a one-year
deposit: 10% APR compounded monthly, 10% APR compounded annually,
and 9% APR compounded daily. Compute the EAR for each investment
choice. (Assume that there are 365 days in the year.)
deposit: 10% APR compounded monthly, 10% APR compounded annually,
and 9% APR compounded daily. Compute the EAR for each investment
choice. (Assume that there are 365 days in the year.)