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QUESTION 1 You have found three investment choices for a one-year deposit: 10% APR compounded monthly, 10% APR compounded annually and 9% APR compounded daily.
QUESTION 1 You have found three investment choices for a one-year deposit: 10% APR compounded monthly, 10% APR compounded annually and 9% APR compounded daily. Compute the EAR for each investment choi...
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