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Home Q & A Board Other Fields Homework Help Business Finance
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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
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6 years ago
Thanks
annielin111
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Yesterday
Correct Slight Smile TY
patyfeitosa
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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