Find the Nominal Interest Rate That, When Compounded Continuously, Yields

question 173

Multiple Choice

Find the nominal interest rate that, when compounded continuously, yields an effective interest rate of 20% / year.

• A) 18.232%
• B) 19.089%
• C) 18.237%
• D) 18.654%

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Definitions:

Concealed Homelessness

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Social Assistance

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