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1. Perlodle interest rates. You have a savings account in which you leave the funds for one year without adding to or withdrawing from the

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1. Perlodle interest rates. You have a savings account in which you leave the funds for one year without adding to or withdrawing from the account. Which would you rather have a daily compounded rate of 0.050%, a weekly compounded rate of 0.358%, a monthly compounded rate of 1.56%, a quinary compounded roter of 4.00%, a semiannually compounded rate of 9%or an annually compounded rate of 15%? What is the effective annual rate (EAR) of a daily compounded rate of 0.050%? % (Round to two decimal places.) What in the EAR of a weekly compounded rate of 0.355%? % (Round to two decimal placen.) What is the EAR of a monthly compounded rate of 1.55%? % (Round to two decimal places.) What is the EAR of a quarterly compounded rate of 4.00%? % (Round to two decimal places.) What is the EAR of a semiannually compounded rate of 9%? % (Round to two decimal places.) What is the EAR of an annually compounded rate of 15%? % (Round to two decimal places.) Which periodic rate would you rather have for your savings account? (Select the best response.) O A. An annual compounded rate of 15%. OB. A semiannual compounded rate of 9%. OC. A monthly compounded rate of 1.55% OD. A daily compounded rate of 0.050% OE A weekly compounded rate of 0.355% OF A quarterly compounded rate of 4.00%

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