Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
100%
which one is correct answer please confirm?
Q29: What monthly rate of interest will yield an annual effective rate of interest of 14%?
| a. |
1.14%
|
|
| b. |
1.08%
|
|
| c. |
1.10%
|
|
| d. |
1.17%
|
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