agulani

Here is a question:

If the annual percentage rate on a biweekly compouonded loan is 6.00%, which of the following is closest to the effective annual rate:

a) 6.168%
b) 6.176%
c) 6.180%

soddy1979

7.

I use 7 decimal places.

JGovender

How could you end up with the wrong question? The range between the options on CFAI's answers are quite large so I don't think you can get messed up. Care to share an example from Stalla?