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A bank offers 5.00% on savings accounts. What is the effective annual rate if interest is compounded daily? unanswered Submit not submitted Answer format: Percentage
A bank offers 5.00% on savings accounts. What is the effective annual rate if interest is compounded daily? unanswered Submit not submitted Answer format: Percentage Round to 4 decimal places (Example: 9.2434% % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434) Attempts Remaining: Infinity A bank offers 5.00% on savings accounts. What is the effective annual rate if interest is compounded continuously? unanswered Submit not submitted Answer format: Percentage Round to: 4 decimal places (Example: 9.2434% % sign required. Will accept decimal format rounded to 6 decimal places (ex 0.092434)) Attempts Remaining: Infinity
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The Essentials Of Machine Learning In Finance And Accounting
Authors: Mohammad Zoynul Abedin, M. Kabir Hassan, Petr Hajek, Mohammed Mohi Uddin
1st Edition
0367480816, 978-0367480813
