Rate of 15% pea compounded annually will be equal to —————- % per month.
A . 1.25% per month
B . 1.7149% per month
C . 1.17149% per month
D . 1.117% per month
Answer: C
Rate of 15% pea compounded annually will be equal to —————- % per month.
A . 1.25% per month
B . 1.7149% per month
C . 1.17149% per month
D . 1.117% per month
Answer: C