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Greedy and Friends Loans Money at an Annual Rate of 21

Question 96

Multiple Choice

Greedy and Friends loans money at an annual rate of 21 percent,compounded daily.What is the actual rate borrowers are paying?


A) 21.97%
B) 22.08%
C) 23.21%
D) 23.36%
E) 23.85% Greedy and Friends loans money at an annual rate of 21 percent,compounded daily.What is the actual rate borrowers are paying? A) 21.97% B) 22.08% C) 23.21% D) 23.36% E) 23.85%

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