Question
You are told the effective interest rate on an account is 1.3%, if the interest is compounded continuously. What is the annual percentage rate for
You are told the effective interest rate on an account is 1.3%, if the interest is compounded continuously. What is the annual percentage rate for the account? Give your answer to four decimal places.
The annual percentage rate is?
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Corporate Finance Investment And Advisory Applications
Authors: Jesse McDougall, Patrick Boyle
1st Edition
1530116597, 9781530116591
