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Your auto lease agreement has a stated rate of 400% What is the Effective Annual Rate (EAR) given quarterly compounding? a 10405% 406% G.103 039

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Your auto lease agreement has a stated rate of 400% What is the Effective Annual Rate (EAR) given quarterly compounding? a 10405% 406% G.103 039 a 100% QUESTION 6 You are comparing two savings accounts Account A has an APR of 465 percent and an EAR of 4 75 percent Account B has an APR of 4 70 percent and an EAR of 4 70 percent. Given this, you should invest in account a A because it has the higher EAR Ob B because it has the higher APR C A because it has the lower APR Od B because it has the lower EAR QUESTION 7 There is a corporate bond in the market that is selling for 5709.15 each stod rate of interest of 2007 with a matunty of 30 years. What is the yield to maturity (YTM) of this bond? a 70% 1 109 438 d. 219%

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