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which is correct, a orb? or another answer? could you explain? ex) Simple interest rate: 16%, maturity: 400 days, calcuate compoond interestrate CRBCR=(1+3650.16)4001=19%=(1+0.16)3654001=(17.7%

which is correct, a orb? or another answer? could you explain?
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ex) Simple interest rate: 16%, maturity: 400 days, calcuate compoond interestrate CRBCR=(1+3650.16)4001=19%=(1+0.16)3654001=(17.7%

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