Compute the ear for each investment choice

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Reference no: EM131500328

You have found three investment choices for a? one-year deposit: 11.1 % APR compounded? monthly, 11.1 %APR compounded? annually, and 10.6 %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.)

Reference no: EM131500328

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