› CFA › CFA Level 1 › Effective Annual Interest Search for:Search Button CFAFRMCAIACareersLounge GeneralLevel 1Level 2Level 3 Effective Annual Interest Add A Reply Login Sign Up This topic has 0 replies, 1 voice, and was last updated Jan-188:13 pm by LearnSignal. Author Posts LearnSignalParticipant CFA Level 1 27 Jan 2018 at 8:13 pm Up0Down:: If you are offered a rate of 5%, compounded monthly, on an account that requires a minimum running balance of $6,500, what is the effective annual rate of interest paid? 7.8 5 5.12 Author Posts Viewing 0 reply threads You must be logged in to reply to this topic. Log In Username: Password: Keep me signed in Register Log In
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