What is the effective rate for an interest rate at 12% compounded continuously?
A. 12.01%
B. 12.89%
C. 12.42%
D. 12.75%
Answer:D
What is the effective rate for an interest rate at 12% compounded continuously?
A. 12.01% B. 12.89% C. 12.42% D. 12.75%