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Periodic interest rates. You have a savings sccount in which you leave the funds for one year without adding to or you rather have a
Periodic interest rates. You have a savings sccount in which you leave the funds for one year without adding to or you rather have a daily compounded rate of0050%, 450%, a semiannually compounded rate or 8%, or an annually compounded rate of 18% withdrawing from the account. Which would a weekly compounded rate of 0.285%, a monthly compounded rate of 1.55%, a What is the effective annual rate (EAR) of a daly compounded rate of 0.050%7 %(Round to two decimal places ) what is the EAR of a weekly compounded rate of 0 285%? (Round to two decimal places) what is the EAR of a monthy compounded rate of 1.55%? (Round to two decimal places.) what is the EAR of a quarterly oompounded rate of 4.50%? Tr (Round to two decimal places) What is the EAR of a semiannually empounded ,ale of 8%? ound to tno decimal places) What is the EAR of an anually compounded rate of 18% (Round to two decimal places. which periodic rate would you rather have your savings acmant? Select the best response. I A. An annual compounded rate of 18%. O B. A daly compounded rate of 0.060% C. A semannual compounded rate of 8% D. A weekly oompounded rate of 0.285% E. A monthly compounded rate of 1 55% F. A quarterfy compounded ratn nr 4 50%
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