First bank of Midesto Medeque pays a 5.45% nominal rate of interest compounded weekly. What is the e

/in /by

First bank of Midesto Medeque pays a 5.45% nominal rate of interest compounded weekly. What is the effective rate of interest?
Options A. 5.60% B. 5.65 C. 5.70 D. 5.75 E. None of the above

"Get 15% discount on your first 3 orders with us"
Use the following coupon
FIRST15

Order Now