An interest rate of 18% per year, compounded
Chapter 4, Problem 4.70(choose chapter or problem)
An interest rate of 18% per year, compounded continuously,is closest to an effective:(a) 1.51% per quarter(b) 4.5% per quarter(c) 4.6% per quarter(d) 9% per 6 months
Unfortunately, we don't have that question answered yet. But you can get it answered in just 5 hours by Logging in or Becoming a subscriber.
Becoming a subscriber
Or look for another answer