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You have the possibility to choose where to invest a certain amount of money: a) at a nominal rate of 5.75% capitalized monthly; b) at
You have the possibility to choose where to invest a certain amount of money: a) at a nominal rate of 5.75% capitalized monthly; b) at a nominal rate of 5.00% capitalized weekly. Which option offers you a higher equivalent rate? 2. Usted tiene la posibilidad de escoger dnde invertir una cierta cantidad de dinero: a) a una tasa nominal de 5.75% capitalizada mensualmente; b) a una tasa nominal de 5.00% capitalizada semanalmente. Cul opcin le ofrece una tasa equivalente mayor
You have the possibility to choose where to invest a certain amount of money:
a) at a nominal rate of 5.75% capitalized monthly;
b) at a nominal rate of 5.00% capitalized weekly.
Which option offers you a higher equivalent rate?
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