1. If the annual nominal interest rate for a 3-months term deposit is 12%, what would be the annual effective interest rate?

a) 13,68%

b) 13,09%

c) 12,97%

d) 12,55%

e) Other:

2. What would be the compound interest rate in a 10.000 $ investment which increases to 16.430 $ at the end of the 3rd year?

a) 8%

b) 14%

c) 18%

d) 24%

e) Other: