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Compute the ear for apr compounded monthly

Question:

You have found three investment choices for a one year deposit. Compute the EAR for 10% APR compounded monthly, 10% APR compounded annually and 9% compounded daily. Compute the EAR for each investment choice (assume that there are 365 days in the year).

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Finance Basics: Compute the ear for apr compounded monthly

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Finance Basics: Compute the ear for apr compounded monthly

Reference No:- TGS02077809

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