Answer:
A. You would choose Bank A because its EAR is higher
Explanation:
Bank A pays 3% interest compounded annually on deposits, while Bank B pays 2.25% compounded daily
EAR of Bank A = 3%
EAR of Bank B = (1+2.25%/365)^365 - 1
EAR of Bank B = 2.275% effectively annually
Based on the EAR (or EFF%), which bank should you use?
You would choose Bank A because its EAR is higher.
Answer:
the answer is 450.
Explanation:
You just need to divide the amount of shares by the new total. I hope this helps!
Answer:
shortage of supplies lack of demand or the lack of interest in the economy
Answer:
The answer is Selling Stocks
