Question
If the annual percentage rate is 12 percent based on 6 percent interest charged every six months, what will the effective annual rate be? 12
If the annual percentage rate is 12 percent based on 6 percent interest charged every six months, what will the effective annual rate be?
|
| 12 percent |
|
| 12.22 percent |
|
| 12.36 percent |
|
| 12.60 percent |
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Machine Learning In Finance From Theory To Practice
Authors: Matthew F Dixon, Igor Halperin, Paul Bilokon
1st Edition
3030410676, 978-3030410674
