|
Title: Shylock Bank offers a savings account with a nominal rate of 7% and daily compounding. What is the ... Post by: bigexternal on Jan 13, 2017 Shylock Bank offers a savings account with a nominal rate of 7% and daily compounding. What is the effective rate of the account? (Assume a 365 day year.)
A) 7.25% B) 7.00% C) 7.50% D) 7.10% E) 7.05% Title: Re: Shylock Bank offers a savings account with a nominal rate of 7% and daily compounding. What is ... Post by: Blimp on Jan 18, 2017 Content hidden
Title: Re: Shylock Bank offers a savings account with a nominal rate of 7% and daily compounding. What is the ... Post by: bigexternal on Mar 22, 2017 Firstly, thank you for responding
Secondly, ur right! |