A bank quotes a stated annual interest rate of 4.00%. If that ra

分类: CFA-Level1 发布时间: 2023-11-03 11:14 浏览量: 2

A bank quotes a stated annual interest rate of 4.00%. If that rate is equal to an effective annual rate of 4.08%, then the bank is compounding interest: 

A.daily

B.quarterly

C.semiannually

正确答案是A