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26 The AVEX token has a price of $1.000 and Days interest of 50.000085 perc 6 seconds. Compounded interest can only be samedit claimed and
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The AVEX token has a price of $1.000 and Days interest of 50.000085 perc 6 seconds. Compounded interest can only be samedit claimed and reinstiedot interest is not claimed 50.000085 will be accumulated every seconds per 51.000 After being claimed, the accumulated amount is paid out instantaneously and reinvested in the token Suppose an investor holding one AVEX token claims the interest only every 24 hours and reinvests interest payments into the AVAX token instantaneously after being claimed. How much would the investor have lost in interest proceeds if he claims the interest only every 24h instead of every 6 seconds over the first six months (181 days) of a new year Hint: To solve the question, you need calculate the effective rate for 6 seconds and for 24 hours respectively. Then calculate effective semi-annual rate for both Recall to the effect between continuous and discrete compounding (Note: Please retain at least six decimal places in your calculations) O a 50.16905 Ob. $ 8.5000 Oc$12.6723 Od $0.0085 e. $0.0025 Unsure Step by Step Solution
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