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1) For Nominal Interest Rate expression select one of the following: A. Interest period Compounding period B. Interest period = Compounding period C. Interest period
1) For Nominal Interest Rate expression select one of the following:
A. Interest period Compounding period
B. Interest period = Compounding period
C. Interest period < Compounding period
D. Compounding period Interest period.
2)If the nominal interest rate is 10% per year compounded weekly, then what is z% per half year compounded weekly?
A. 10%
B. 2%
C. 5%
D. 6%
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