marisartai marisartai

02-11-2020
Mathematics

contestada

Orlando has a loan with an effective interest rate of 7.918%, compounded annually. Which of the following must be
true?
I. In the effective rate formula, n is equal to one.
II. The nominal rate is 7.918%.
III. The Federal Funds Rate is static.
a. I and II
b. ll only
c. III only
d. I, II, and III

Respuesta :

cwainio20 cwainio20

06-11-2020

Answer:

A) I and II

Step-by-step explanation: not needed school is garbage your welcome

Answer Link

ReaperGodofDeath ReaperGodofDeath

25-03-2021

Answer:

A.

Step-by-step explanation:

Answer Link

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