Multiple Choice
With continuous compounding
A) the effective rate is higher than the nominal rate
B) the effective rate is higher than the logarithmic rate
C) the base "e" is the effective rate
D) all the above are correct
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: What continuously compounded effective rate of interest
Q5: Determine the present value of $5,000 to
Q5: With continuous compounding, why is the effective
Q7: You have just won a lottery that
Q11: The nominal interest rate and the effective
Q14: In the continuous compounding equation, "e" is
Q16: Brad deposited $5,250 into an account that
Q17: What is the future value of $20,000
Q20: Friendly Bank offers you a loan at
Q24: Calculate the effective annual rate if the