Answer:
i think that B..is a right answer
1, 4, 9, 16, 25, 36, 49, 64, 81, 100, 121
Answer:
12.683%
Step-by-step explanation:
The effective annual rate is given by ...
(1 +r/n)^n -1
where r is the nominal annual rate, and n is the number of compoundings per year. Filling in the given numbers, we have ...
effective rate = (1 +0.12/12)^12 -1 ≈ 0.12683 = 12.683%