Question: Please help me answer the following question with clear answers. Thank you Please solve for the first, 2nd, and 3rd era. Question 3 You have
Please help me answer the following question with clear answers. Thank you
Please solve for the first, 2nd, and 3rd era.
Question 3

You have found three investment choices for a one-year deposit: 9.2% APR compounded monthly, 9.2% APR compounded annually, and 8.5% 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.)
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