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Calculate the effective annual rate (EAR) of each. Which one of these has the highest EAR? A. A deposit of $10,000 at 6.8% compounded monthly?

Calculate the effective annual rate (EAR) of each. Which one of these has the highest EAR?

A. A deposit of $10,000 at 6.8% compounded monthly?

EAR=__________

B. A deposit of $10,000 at 6.8% compounded semi-annually?

EAR= ____________

C. A deposit of $10,000 at 6.8% compounded annually?

EAR=_________

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