You have a savings account in which you leave the funds for one year without adding to or withdrawing from the account. which would you rather have:

a daily compounded rate of 0.045%,
a weekly compounded rate of 0.355%,
a monthly compounded rate of 1.35%,
a quarterly compounded rater of 3.75%,
a semiannually compounded rate of 8%, or
an annually compounded rate of 16%?

what is the effective annual rate (ear) of a daily compounded rate of 0.045%?

Acorporation a. can use different depreciation methods for tax and financial reporting purposes b. must use the straight - line depreciation method for tax purposes and double declining depreciation method financial reporting purposes c. must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes d. can use straight- line depreciation method for tax purposes and macrs depreciation method financial reporting purposes