MANAGEMENT

BUISENESS MANAGEMENT

FINANCIAL MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the EAR if the APR is 10.52% and compounding is daily?
A
Slightly above 10.09%
B
Slightly below 11.09%
C
Slightly above 11.09%
D
Over 11.25%
Explanation: 
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