A deposit account pays 12% per annum with continuous compounding, but interest is actually paid quarterly. How

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A deposit account pays 12% per annum with continuous compounding, but interest is actually paid quarterly. How much interest will be paid each quarter on a $10,000 deposit?

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Fundamentals of Futures and Options Markets

ISBN: 978-0132993340

8th edition

Authors: John C. Hull

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Question Posted: Jan 20, 2016 08:47 AM

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A deposit account pays 12% per annum with continuous compounding, but interest is actually paid quarterly. How

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Fundamentals of Futures and Options Markets

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