Compute the ear for each investment choice

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Reference no: EM13267711

You have founded three investment choices for a one-year deposit: 9.3%APR compounded monthly, 9.3% APR compounded annualy, and 8.5% APR compounded daily. Compute the EAR for each investment choice. (Assume that there are 365 days in the year)

Reference no: EM13267711

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Compute the ear for each investment choice : You have founded three investment choices for a one-year deposit: 9.3%APR compounded monthly, 9.3% APR compounded annualy, and 8.5% APR compounded daily. Compute the EAR for each investment choice. (Assume that there are 365 days in the year)

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