Compute ear for each investment

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Reference no: EM131995520

You have found three investment choices for a? one-year deposit: 12% APR compounded? monthly, 12% APR compounded? annually, and 8% APR compounded daily.

Compute the EAR for each investment choice.?(Assume that there are 365 days in the? year.) For the case of 12% APR compounded monthly the EAR is ------------?%.

?(Round to three decimal? places.)

Reference no: EM131995520

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