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do excel formal plz APR compounded annually, and 9% APR compounded daily. Compute the EAR for each investment choice. (Assume that there are 365 days
do excel formal plz
APR compounded annually, and 9% APR compounded daily. Compute the EAR for each investment choice. (Assume that there are 365 days in the year.) Complete the steps below using cell references to given data or, previous calculations. In some cases, a simple coll reference is all you need. To copyipaste a formula across a row or down a column, an absolute cell reference or a mixed cell referchce may be preferred. If a specific Excel function is to be used, the directions will specify the use of that function. Do not type in numerical data into a cell or function. Instead, make a reference to the cell in which the data is found. Make your computations only in the blue oells highlighted below. In all cases, unless othenwise directed, use the earliest appearance of the data in your formulas, usually the Given Data section. Requirements 1 In cell D13, by using cell references, calculate the EAR corresponding to the first investment choice (1 pt.). 2 In cell D14, by using cell references, calculate the EAR corresponding to the second investment choice ( pt ). 3 In cell D15, by using cell references, calculate the EAR comresponding to the third investment choice (1 pt.) Step by Step Solution
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