PRMIA Exam 8002 Topic 2 Question 5 Discussion

Actual exam question for PRMIA's 8002 exam

Question #: 5
Topic #: 2

You intend to invest $100 000 for five years. Four different interest payment options are available. Choose the interest option that yields the highest return over the five year period.

Aa lump-sum payment of $22 500 on maturity (in five years)

Ban annually compounded rate of 4.15%

Ca quarterly-compounded rate of 4.1%

Da continuously-compounded rate of 4%

Show Suggested Answer

Suggested Answer: C

by Helene at May 04, 2022, 08:12 PM

Limited Time Offer

25%

Off

Get Premium 8002 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Currently there are no comments in this discussion, be the first to comment!