Question: If the present value interest factor for k percent and n periods is 0.270, the future value interest factor for the same k and n

If the present value interest factor for k percent and n periods is 0.270, the future value interest factor for the same k and n is: A) 0.730 B) 3.797 C) 0.270 D) 3.704* E) cannot be determined An investment opportunity is advertising an amazing 10% compounded return per month. What is the effective annual rate for this investment? A. 314% B. 214%* C. 194%

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