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Periodic interest rates. You have a savings account in which you lesve the funds for one year wiblout adeing so or withdawing fom the acoount.

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Periodic interest rates. You have a savings account in which you lesve the funds for one year wiblout adeing so or withdawing fom the acoount. Which would you rather have a dally compounded rabe of 0.050%, weekly compounded rate of 0.285%, a monthy compounded rate of 1.45%, a quarterly compounded rater of 4.25%, asemantualy compeunded rabe of 7.5% or an annualy compounded rate of 19% ? What is the eflective annual tate (EAR) of a daly compounded rate of 0.050 s? W (Round to two deomal places.)

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