[单选题]

The nominal (quoted) annual interest rate on an automobile loan is 10%. The effective annual rate of the loan is 10.47%. The frequency of compounding periods per year for the loan is closest to:

A.weekly

B.monthly

C.quarterly.

参考答案与解析:

相关试题

If the stated annual interest rate is 9% and the frequency of compounding is daily, the effective an

[单选题]If the stated annual interest rate is 9% and the frequency of compounding i

  • 查看答案
  • If the stated annual interest rate is 20% and the frequency of compounding is monthly, the effective

    [单选题]If the stated annual interest rate is 20% and the frequency of compounding

  • 查看答案
  • If the stated annual interest rate is 9% and the frequency of compounding is daily, the effective an

    [单选题]If the stated annual interest rate is 9% and the frequency of compounding i

  • 查看答案
  • What is the effective annual rate for a credit card that charges 18% compounded monthly?

    [单选题]What is the effective annual rate for a credit card that charges 18% compou

  • 查看答案
  • The annual risk-free interest rate is 10% in the United States (USD) and 4% in Switzerland (CHF), an

    [单选题]The annual risk-free interest rate is 10% in the United States (USD) and 4%

  • 查看答案
  • The Fisher effect states that the nominal interest rate is equal to the real rate plus:

    [单选题]The Fisher effect states that the nominal interest rate is equal to the rea

  • 查看答案
  • Euribor would most likely be the interest rate quoted on a large:

    [单选题]Euribor would most likely be the interest rate quoted on a large:A.Euro tim

  • 查看答案
  • An investor places $5,000 in an account. The stated annual interest rate is 6% compounded monthly. T

    [单选题]An investor places $5,000 in an account. The stated annual interest rate is

  • 查看答案
  • Using the effective interest rate method, the reported interest expense of a bond issued at a premiu

    [单选题]Using the effective interest rate method, the reported interest expense of

  • 查看答案
  • If the appropriate annual discount rate is 6%, the value of a 3-year bond that has a 7% coupon rate,

    [单选题]If the appropriate annual discount rate is 6%, the value of a 3-year bond t

  • 查看答案
  • The nominal (quoted) annual interest rate on an automobile loan is 10%. The effective annual rate of