Question
Calculate the effective annual rate (EAR) of each. Which one has the highest EAR? Circle your answer. A. A deposit of $10,000 at 5.5% compounded
Calculate the effective annual rate (EAR) of each. Which one has the highest EAR? Circle your answer.
A. A deposit of $10,000 at 5.5% compounded monthly?__________
B. A deposit of $10,000 at 5.5% compounded semi-annually? ____________
C. A deposit of $10,000 at 5.5% compounded annually?_________
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The Crowdfunding Handbook Raise Money For Your Small Business Or Start Up With Equity Funding Portals
Authors: Cliff Ennico
1st Edition
081443360X, 978-0814433607
