jackiemoreno5293 jackiemoreno5293
  • 10-02-2022
  • Business
contestada

Assume interest is compounded monthly. The ______ annual rate will express this rate as though it were compounded annually.

Respuesta :

musiclover10045
musiclover10045 musiclover10045
  • 10-02-2022

A compounded interest rate is sometimes called an effective annual rate.


Answer: effective

Answer Link

Otras preguntas

Which of the following was true of Latin American society in the period 1750 to 1914? (A) Society was egalitarian. (B) Few migrants came to Latin America. (C) I
Which of the following best describes both the Roman and Han Empires? (A) The empires used the family as the model for state organization. (B) Merchants were
Which ruler waged war with the Muslim leader Saladin over control of the Holy Land? A. Richard the Lion-Heart B. Henry II C. Abu Bakr D. William the Conqueror
There are 6 red marbles, 5 green marbles, and 4 yellow marbles in a bag. If Joe picks 2 marbles one after the other without replacement, then what is the proba
how did plebians gain power in the republic (history)
in a persuasive speech titled africa needs clean water each of the following is a valuable pieces of informacióntion to include except
how many days altogether in the 6th and 7th months of the year
The study of oceans in world history (A) focuses on trans-Atlantic themes. (B) focuses on the commercial activities of elite classes. (C) has less impact on glo
The Atlantic Charter was an agreement between which countries? a.United states and France b.France and Britain c.United states and britain d.United states and C
Karen says every equilateral triangle is acute. Is this true?