Calculate the Effective Annual Rate, If $100 Grew to $165

question 4

Multiple Choice

Calculate the effective annual rate, if $100 grew to $165 in 11.5 years with quarterly compounding.

• A) 10.94%
• B) 4.38%
• C) 7.87%
• D) 7.22%
• E) 4.45%

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Psychological Disorder

A pattern of behavioral, cognitive, or emotional symptoms that cause significant distress or impairment in functioning.

Psychological Disorders

Mental disorders characterized by persistent patterns of behavior, thought, or emotions that are dysfunctional or distressing to the individual.

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