Question: What is the effective annualized rate compounded continuously that is equivalent to 16.000% per annum compounded quarterly? round to 4 decimals
What is the effective annualized rate compounded continuously that is equivalent to 16.000% per annum compounded quarterly? round to 4 decimals
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
