Business, 18.03.2021 01:30 oneicyahdaley10
A continuously compounded interest rate is 12%. Determine the equivalent rates with both annual and semi-annual and monthly compounding. Approximate to one decimal. Rates with annual, semi-annual and monthly compounding are: 12.1%, 12.4%, and 12.7%, respectively. Rates with annual, semi-annual and monthly compounding are: 12.7%, 12.4%, 12.1%, respectively. Rates with annual, semi-annual and monthly compounding are: 12.7%, 12.1%, and 12.4%, respectively. Rates with annual, semi-annual and monthly compounding are: 12.9%, 12.7%, and 12.3%, respectively.
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A continuously compounded interest rate is 12%. Determine the equivalent rates with both annual and...
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