What is the nominal annual interest rate if the effective annual rate is 8.1% and compounding is continuous? O a. 9.86% O b. 6.20% O c. 7.79% O d. 6.45% O e. 8.49% If the nominal annual interest rate...


What is the nominal annual interest rate if the effective annual rate is 8.1% and compounding is continuous?<br>O a. 9.86%<br>O b. 6.20%<br>O c. 7.79%<br>O d. 6.45%<br>O e. 8.49%<br>If the nominal annual interest rate is 8.5% compounded monthly, what is the effective quarterly interest rate?<br>O a. 4.30%<br>O b. 2.10%<br>O c. 2.14%<br>O d. 1.76%<br>O e. 3.28%<br>

Extracted text: What is the nominal annual interest rate if the effective annual rate is 8.1% and compounding is continuous? O a. 9.86% O b. 6.20% O c. 7.79% O d. 6.45% O e. 8.49% If the nominal annual interest rate is 8.5% compounded monthly, what is the effective quarterly interest rate? O a. 4.30% O b. 2.10% O c. 2.14% O d. 1.76% O e. 3.28%

Jun 11, 2022
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