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Homework answers / question archive / You have found three investment choices for a one-year deposit: 10% APR compounded monthly, 11% APR compounded annually, and 8% APR compounded daily

You have found three investment choices for a one-year deposit: 10% APR compounded monthly, 11% APR compounded annually, and 8% APR compounded daily

Finance

You have found three investment choices for a one-year deposit: 10% APR compounded monthly, 11% 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 10% APR compounded monthly the EAR is En %. (Round to three decimal places.) 
For the case of 1W. APR compounded annually the EAR is 0%. (Round to three decimal places.) For the case of 8% APR cornpounded daily the EAR is 0%. (Round to three decimal places.) 
 

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