You invest $1,000 in a account that earns a nominal annual rate of 10%. How much additional interest would you receive if this account earned interest quarterly at 2.5%
A.	2.5
B.	3.81
C.	5.06
D.	5.17
Answer:B
You invest $1,000 in a account that earns a nominal annual rate of 10%. How much additional interest would you receive if this account earned interest quarterly at 2.5%
A.	2.5 B.	3.81 C.	5.06 D.	5.17