The present value of Rp100 million in three months is Rp97 million. Compute the simple interest rate per annum. O A. 12,18% O B. 12,25% O . 12,12% O D. 12,37%

EBK CONTEMPORARY FINANCIAL MANAGEMENT
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Chapter2: The Domestic And International Financial Marketplace
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The present value of Rp100 million in three months is Rp97 million. Compute the simple interest rate per annum.
O A. 12,18%
O B. 12,25%
O C. 12,12%
O D. 12,37%
Transcribed Image Text:The present value of Rp100 million in three months is Rp97 million. Compute the simple interest rate per annum. O A. 12,18% O B. 12,25% O C. 12,12% O D. 12,37%
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