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Question 4 1 pts Suppose that you have the opportunity to invest $1000 at the end of each of the next 12 months. This investment
Question 4 1 pts Suppose that you have the opportunity to invest $1000 at the end of each of the next 12 months. This investment promises to pay you $12,000 immediately after you make the last payment at the end of month 12. What is the APR of this investment opportunity? Enter your answer as a percent without the "%" sign. Round your final answer to two decimals. Question 5 1 pts What is the EAR of question 4? Assume monthly compounding. Enter your answer as a percent without the "%" sign. Round your final answer to two decimals
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