题目
For a credit card, it charges 15% compounded monthly. Its effective annual rate is closet to?
选项
A.15.78%
B.18.85%
C.16.08%
答案
C
解析
EAR=（1＋15%/12）^12-1=16.08%EAR=（1＋15%/12）^12-1=16.08%
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