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# I am posting the good ones for your practice.. 46. A

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Senior Manager
Joined: 20 Feb 2006
Posts: 331
Followers: 1

Kudos [?]: 18 [0], given: 0

I am posting the good ones for your practice.. 46. A [#permalink]  03 Jul 2006, 18:22
I am posting the good ones for your practice..

46. A quarterly interest rate of 5% over a 12 month period is equal to an annual interest rate of approximately

(A) 60%
(B) 33%
(C) 22%
(D) 20%
(E) 15%
CEO
Joined: 20 Nov 2005
Posts: 2913
Schools: Completed at SAID BUSINESS SCHOOL, OXFORD - Class of 2008
Followers: 18

Kudos [?]: 121 [0], given: 0

[#permalink]  03 Jul 2006, 20:21
1.05*1.05*1.05*1.05

So its 22%
_________________

SAID BUSINESS SCHOOL, OXFORD - MBA CLASS OF 2008

[#permalink] 03 Jul 2006, 20:21
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# I am posting the good ones for your practice.. 46. A

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