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johnpaech johnpaech
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Posts: 1098
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6 years ago
The effective annual rate for a certificate of deposit that pays 3.9% APR compounded monthly is closest to:
A) 3.83%
B) 3.90%
C) 3.97%
D) 4.04%
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
Authors:
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EgorGruzdevEgorGruzdev
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#1
Posts: 422
Rep: 16 0
6 years ago
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johnpaech Author
wrote...

6 years ago
Smart ... Thanks!
kriggs62
wrote...

Yesterday
this is exactly what I needed
brina10
wrote...

2 hours ago
Thank you, thank you, thank you!
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