If an interest rate is given as 12 per cent compounded daily, what do we call this

Question:

If an interest rate is given as 12 per cent compounded daily, what do we call this rate?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Fundamentals Of Corporate Finance

ISBN: 9780077178239

3rd Edition

Authors: David Hillier, Iain Clacher, Stephen A. Ross

Question Posted: