ACI
3I0-012 · Question #220
A 3-month (90-day) NZD deposit is 2.75% and 6-month (180-day) NZD deposit is 3.00%. What is the 3x6 NZD deposit rate?
The correct answer is B. 3.2278%. See the full explanation below for the reasoning.
Question
A 3-month (90-day) NZD deposit is 2.75% and 6-month (180-day) NZD deposit is 3.00%. What is the 3x6 NZD deposit rate?
Options
- A3.2281%
- B3.2278%
- C3.00%
- D2.875%
How the community answered
(44 responses)- A9% (4)
- B77% (34)
- C11% (5)
- D2% (1)
Community Discussion
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