Short Answer
What annual interest rate, compounded monthly, is equivalent to an annual interest rate of 5.4% compounded continuously? Round your answer to the nearest thousandth of a percent, if necessary.
Correct Answer:
Verified
Related Questions
What annual interest rate, compounded monthly, is equivalent to an annual interest rate of 5.4% compounded continuously? Round your answer to the nearest thousandth of a percent, if necessary.
Correct Answer:
Verified
