Question
If $2 000 is deposited at 13.5% p.a. for one year, what is the effective annual interest rate if interest is compounded weekly? A 10.15%
If $2 000 is deposited at 13.5% p.a. for one year, what is the effective annual interest rate if interest is compounded weekly?
A 10.15%
B 14.34%
C 14.43%
D 13.50%
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Valuation Measuring and managing the values of companies
Authors: Mckinsey, Tim Koller, Marc Goedhart, David Wessel
5th edition
978-0470424650, 9780470889930, 470424656, 470889934, 978-047042470
