Compute the ear for investment choice

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You have found three investment choices for a? one-year deposit: 12% APR compounded? monthly, 10% 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: EM133121822

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