What Nominal Interest Rate Compounded Continuously Is Equivalent to 10

question 64

Multiple Choice

What nominal interest rate compounded continuously is equivalent to 10% compounded quarterly?

• A)9.53%
• B)9.75%
• C)9.88%
• D)10.38%

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Definitions:

Range Of Motion

The total ability of a joint to move, typically measured by the extent of its flexing and extending capabilities.

Abbreviation

An economized version of a word or phrase.

ROM

Range of Motion; a measure of the extent to which a joint can go through all of its normal spectrum of movements.

MS

Multiple Sclerosis, a disease in which the immune system eats away at the protective covering of nerves, disturbing the communication between the brain and the rest of the body.