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In: Accounting

You have found three investment choices for a one-year deposit 11.7 % APR compounded monthly, 11.7 % APR compounded annually, and 10 8% APR compounded daily


You have found three investment choices for a one-year deposit 11.7 % APR compounded monthly, 11.7 % APR compounded annually, and 10 8% 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) 

The EAR for the first investment choice is% (Round to three decimal places) 

The EAR for the second investment choice is % (Round to three decimal places) 

The EAR for the third investment choice is % ( Round to three decimal places)

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ekkarill92 answered 2 years ago
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