Question: assuming the interest is coumpounded continually, calculate the nominal interest rate if the effective annual interestrate is 15%. a)15.17 b)13.87 c) 15.88 d)15

assuming the interest is coumpounded continually, calculate the nominal interest rate if the effective annual interestrate is 15%.

a)15.17

b)13.87

c) 15.88

d)15

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