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Consider a $100 investment paying 3.5% compounded daily, what is the equivalent quarterly rate ? 0.8750% 0.8776% 0.0095% none of the above 0.8788%
Consider a $100 investment paying 3.5% compounded daily, what is the equivalent quarterly rate ?
0.8750%
0.8776%
0.0095%
none of the above
0.8788%
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Investments Analysis And Management
Authors: Charles Jones, Nick Jones
11th Edition
0470477121, 9780470477120
