Mathematics, 26.06.2019 13:30 okitsfrizz2323

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. ii only c. iii only d. i, ii, and iii

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Orlando has a loan with an effective interest rate of 7.918%, compounded annually. which of the foll...