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QUESTION 4 Assume a 1-year loan for 58,000 has an interest rate of 4.5 percent, compounded annually. How much additional interest would be charged if

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QUESTION 4 Assume a 1-year loan for 58,000 has an interest rate of 4.5 percent, compounded annually. How much additional interest would be charged if the rate had compounded continuously rather than annually? O A 57.79 OB. 58.22 OC. 58.37 OD. $8.13 OE. 57.91

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