The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______. Options: A . &nbspExpected return B . &nbspNominal interest C . &nbspEffective interest D . &nbspEconomic return

The true value of interest rate computed by equations for compound interest for

Question

The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______.

Options:

A . Expected return

B . Nominal interest

C . Effective interest

D . Economic return

Answer: Option C

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