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What are the effective annual rate (EAR or EFF) of the following investments? A bank CD that pays 10% interest quarterly. A bank CD that

What are the effective annual rate (EAR or EFF) of the following investments? A bank CD that pays 10% interest quarterly. A bank CD that pays 12% monthly. A bank CD that pays 11% annually. A bank CD that pays 12% semiannually. A bank CD that pays 11% daily (on a 365-day basis).

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