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meganA meganA
wrote...
Posts: 448
5 years ago
The effective annual rate (EAR) for a savings account with a stated APR of 4% compounded daily is closest to:

▸ 4.10%

▸ 4.08%

▸ 4.06%

▸ 4.00%
Textbook 
Fundamentals of Corporate Finance

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
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yesimshayyesimshay
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Posts: 360
5 years ago
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meganA Author
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5 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Just got PERFECT on my quiz
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This calls for a celebration Person Raising Both Hands in Celebration
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