Question
Which of the following APRs compounded quarterly is equivalent to an APR of 8.65% compounded daily using 360-day calendar years, 30-day months, and 3-month quarters?
Which of the following APRs compounded quarterly is equivalent to an APR of 8.65% compounded daily using 360-day calendar years, 30-day months, and 3-month quarters?
|
| 8.087% |
|
| 8.306% |
|
| 8.525% |
|
| 8.743% |
|
| 8.962% |
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Routledge Handbook Of Financial Technology And Law
Authors: Iris Chiu, Gudula Deipenbrock
1st Edition
0367344149, 978-0367344146
