comparing the effective annual rate

Suppose someone offered to see you a note calling for the payment of $1,200 in three years. They offer to sell it to your for $880. You have $880 deposit in the bank that pays a 9.5% nominal rate with daily compounding, and you plan to leave the money in the bank unless you buy the note. The note is not risky-you are sure it will be paid on schedule. Should you buy the note? Check the decision in three ways: 1-comparing your future value if you buy the note versus leaving your money in the bank, 2- by comparing the present value of the note with your current bank account, and 3- by comparing the effective annual rate on the note versus that of the bank account