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If one compound interest rate is 12 percent per annum compounding monthly 012 - 12%) and another interest rate is 12 percent per annum compounding
If one compound interest rate is 12 percent per annum compounding monthly 012 - 12%) and another interest rate is 12 percent per annum compounding weekly Os2 = 12%), what is the interest rate per period in each case, how many periods per year is there for each type of interest rate and how many periods will there be for 5 years Select one: OA. Weekly rate J12/12 = 1%, 12 periods per year and 60 periods for 5 years; Monthly rate 152/52 = 0.23%, 52 periods per year and 260 periods for 5 years . Monthly rate 112/12 = 1%, 12 periods per year and 60 periods for 5 years; Weekly rate 152/52 = 0.23%, 52 periods per year and 260 periods for 5 years O C. Monthly rate J12/12 = 1.1%, 12 periods per year and 50 periods for 5 years; Weekly rate 152/52 = 0.23%, 52 periods per year and 260 periods for 5 years OD Yearly rate 112/12 - 1%, 12 periods per year and 60 periods for 5 years: Weekly rate 152/52 = 0.23%, 52 periods per year and 260 periods for 5 years
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