You take out a loan at an annual percentage rate (APR) of 14.02% with daily compounding. If the annual inflation rate is 10%, then the real effective annual rate (EFF) on you loan should be ()
A、
B、
C、
D、None of the above
A、
B、
C、
D、None of the above
A、10%
B、4.21%
C、13.00%
D、None of the above
A、reinvests 60% of its earnings each year into new investments that yield a rate of return of 18% per year
B、reinvests 80% of its earnings each year into new investments that yield a rate of return of 18% per year
C、reinvests 20% of its earnings each year into new investments that yield a rate of return of 20% per year
D、reinvests 40% of its earnings each year into new investments that yield a rate of return of 20% per year
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