A given rate is quoted as 9 percent APR but the EAR is 9 38-00384
A given rate is quoted as 9 percent APR, but the EAR is 9.38 percent. What is the compounding period?
This multiple choice question (MCQ) is related to the book/course
vu acc501 Business Finance.
It can also be found in
vu acc501 Mid Term - Quiz No.15.
A given rate is quoted as 9 percent APR, but the EAR is 9.38 percent. What is the compounding period?
Semiannually
Quarterly
Monthly
Daily
