Question
You plan to invest $100 for two years in a saving account. The saving account pays continuously compounded interest of 8%. The effective annual rate
You plan to invest $100 for two years in a saving account. The saving account pays continuously compounded interest of 8%. The effective annual rate of interest earned on the investment is: 16.66 per cent
8.16 per cent
8.33 per cent
8.00 per cent
16.00 per cent
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The Handbook Of Municipal Bonds
Authors: Frank J. Fabozzi, Sylvan G. Feldstein
1st Edition
0470108754, 9780470108758
