_ What is the effective rate corresponding to 18% compounded daily? Take 1 year is equal to 360 days.$?

_ What is the effective rate corresponding to 18% compounded daily? Ta

1.	_ What is the effective rate corresponding to 18% compounded daily? Take 1 year is equal to 360 days.$?
A.	19.61 %
B.	19.44 %
C.	19.31 %
D.	19.72 %
Answer» E.

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_ What is the effective rate corresponding to 18% compounded daily? Take 1 year is equal to 360 days.$?

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