Ear for investment choice
You have found three investments 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.)
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During periods of hyperinflation money does not hold its value long enough to make everyday market purchases, therefore people hold as little as possible for asshort a time as possible.
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A friend of yours, who is a nurse, is a patient at the facility you work at. He recently had some diagnostic testing done and is anxious about the results.
1. What additional information should you know about Carlos? 2. Which diagnostic tests should you periodically monitor
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