Question: Please answer the three questions below: The lowest EAR (effective annual return is obtained from: O An account that pays 9% nominal interest with monthly

Please answer the three questions below:

Please answer the three questions below: The lowest EAR (effective annual return

is obtained from: O An account that pays 9% nominal interest with

monthly compounding O An account that pays 8 nominal interest with annual

The lowest EAR (effective annual return is obtained from: O An account that pays 9% nominal interest with monthly compounding O An account that pays 8 nominal interest with annual compounding o An account that pays 8 nominal interest with daily 365-day) compounding O An account that pays 8 nominal interest with monthly compounding O An account that pays 9% nominal interest with daily 365-day) compounding

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