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You have found three investment choices for a one-year deposit: 10.2% APR compounded monthly, 10.2% APR compounded annually, and 9.3% APR compounded daily. Compute the

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You have found three investment choices for a one-year deposit: 10.2% APR compounded monthly, 10.2% APR compounded annually, and 9.3% APR compounded daily. Compute the EAR for each investment choice. (Assume that there are 365 days in the year.) (Note: Be careful not to round any intermediate steps less than six decimal places.) The EAR for the first investment choice is %. (Round to three decimal places.) Suppose Capital One is advertising a 60-month, 5.98% APR motorcycle loan. If you need to borrow $8,500 to purchase your dream Harley-Davidson, what will be your monthly payment? (Note: Be careful not to round any intermediate steps less than six decimal places.) Your monthly payment will be s (Round to the nearest cent.)

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