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14 15 Question 35 (5 points) Dora wants to invest $10,000 in a bank account. The following accounts are available in her local bank. 17
14 15 Question 35 (5 points) Dora wants to invest $10,000 in a bank account. The following accounts are available in her local bank. 17 18 20 21 Stated Interest Type Frequency of Rate Per Annum Compounding 1 10.00 % annual 2 9.75 % semi-annual 3 9.50 % quarterly 4 9.25 % monthly 5 9.00 % weekly Calculate the effective annual rate (EAR) for each type of account. 24 U AWNE 27 30
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