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In Exercise 9 , you likely compared three investments, and you likely did so by calculating the final values of each. You can also compare
In Exercise you likely compared three investments, and you likely did so by calculating the final values of each. You can also compare them in terms of EAR.
a Find the EAR for Investment A
b Find the EAR for Invesiment B
c Find the EAR for Investment C Hinc: This will be the rate of interest that after annual compounding for three years will yield You will need to solve
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