Question
The equivalent compounding discount rate to the 6% compounding interest rate if the time of the investment is 3 years, the frequency of compounding in
The equivalent compounding discount rate to the 6% compounding interest rate if the time of the investment is 3 years, the frequency of compounding in semi-annual and the amount of the investment is 1000 PLN is:
a. 6%
b. 5.83%
c. 7.32%
d. 6.19%
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International Financial Reporting Standards An Introduction
Authors: Belverd E. Needles, Marian Powers
3rd Edition
1133187943, 978-1133187943
