Posted by **Andrea** on Monday, July 12, 2010 at 10:29pm.

You have found three investment choices for a one year deposit: 10% APR compounded monthly, 10% APR compounded annually, and 9% APR compounded daily. Compute the EAR for each investment choice. Assume that there are 365 days in the year.

## Answer this Question

## Related Questions

- Math - Which of the following options has the highest APY: a 6.25% APR ...
- math - compare the annual percentage yield for three banks. Bank 1 offers an APR...
- Math Personal Finance - Assume an investment of $100 earns an APR (Annual ...
- Math Personal Finance - Assume an investment of $7000 earns an APR (Annual ...
- Math Personal Finance - What is the present value of an investment that will be ...
- Math Personal Finance - What is the present value of an investment that will be ...
- math & finance - A bank offers a rate of 5.3% compounded semi-annually on its ...
- compounded interest - A bank offers a rate of 5.3% compounded semi-annually on ...
- compounded continously - Wnat to have $60,000 in an account after 40 years. How ...
- math - You want to have $85,000 college fund in 15 years. HOw much will you have...

More Related Questions