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Periodic interest rates. You have a savings account in which you leave the funds for one year without adding to or withdrawing from the account.

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Periodic interest rates. You have a savings account in which you leave the funds for one year without adding to or withdrawing from the account. Which would you rather have a daily compounded rate of 0.045% a weekly compounded rate of 0.305% a monthly compounded rate of 1,35% a quarterly compounded rater of 4.15%, a semiannualy compounded rate of 8,5%, or an annually compounded rate of 17%? What is the effective annual roto (EAR) of a daily compounded rate of 0.046%? I% (Round to two decimal places) in

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