Homework Help: finance

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.

finance - Ms. Sue, Monday, July 12, 2010 at 10:39pm
Try this site.

http://kclau.com/wealth-management/tvm-compute-effective-annual-rate/

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