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You have found three investment choices for a one - year deposit: 1 0 . 9 % APR compounded monthly, 1 0 . 9 %
You have found three investment choices for a oneyear deposit: APR compounded monthly, APR compounded annually, and APR compounded daily. Compute the EAR for each investment choice.Assume that there are days in the year.Note: Be careful not to round any intermediate steps less than six decimal places.
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