Homework: Assignment 4 Question 10, P5-35 (similar to) Part 1 of 3 HW Score: 51%, 51 of 100 points O Points: 0 of 10 Save (Related to Checkpoint 5.7) (Calculating an EAR) After examining the various personal loan rates available to you, you find that you can borrow funds from a finance company at 14 percent compounded monthly or from a bank at 15 percent compounded daily, Which alternative is more attractive? If you can borrow funds from a finance company at 14 percent compounded monthly, the EAR for the loan is %. (Round to two decimal places.) Help me solve this View an example Get more help Clear all Check