Answered: QUESTION 2 An interest rate of 49% per…

QUESTION 2 An interest rate of 49% per year, compounded continuously, is closest to an effective per quarter equal to. Enter the answers as number with four decimals (Exp 0.4563)

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

ChapterA3: Time Value Of Money

Section: Chapter Questions

Problem 3CE

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