Accountancy, asked by suchitranayak1740, 5 months ago

1. What is the effective annual percentage rate (EAR) of 12 percent compounded monthly?
(a) 12.00%
(b) 12.55%
(c) 12.68%
(d) 12.75%
(e) 13.00%

Answers

Answered by Anonymous

15

Answer:

( a ) 12 . 00 %

Is The Correct Answer ....

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