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Answer to Question Homework: M2: Chapter 5 Homework Save Score: 0 of 1 pt 3 of 18 (1 complete) HW Score: 0%, 0 of 18

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Homework: M2: Chapter 5 Homework Save Score: 0 of 1 pt 3 of 18 (1 complete) HW Score: 0%, 0 of 18 pts P5-4 (similar to) Question Help You have found three investment choices for a one year deposit 12% 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 12% APR compounded monthly the EAR is|%. (Round to three decimal places.) Enter your answer in the answer box and then click Check Answer. 2 parts Clear All Check Answer remaining

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