Business, 04.03.2020 23:36 cbawesome8
Which would you rather have: a daily compounded rate of 0.045%, a weekly compounded rate of 0.305%, a monthly compounded rate of 1.55%, a quarterly compounded rater of 4.25%, a semiannually compounded rate of 8%, or an annually compounded rate of 18%?What is the effective annual (EAR) of a daily compounded rate of 0.050%?
(round to two decimal places)
Answers: 2
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Which would you rather have: a daily compounded rate of 0.045%, a weekly compounded rate of 0.305%,...
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