ACI
3I0-012 · Question #683
A 3-month (90-day) USD deposit is 5.5625% and 6-month (180-day) USD deposit is 5.75%. What is the 3x6 USD deposit rate?
The correct answer is B. 5.8561%. See the full explanation below for the reasoning.
Question
A 3-month (90-day) USD deposit is 5.5625% and 6-month (180-day) USD deposit is 5.75%. What is the 3x6 USD deposit rate?
Options
- A5.8342%
- B5.8561%
- C5.8425%
- D5.75%
How the community answered
(50 responses)- A14% (7)
- B76% (38)
- C6% (3)
- D4% (2)
Community Discussion
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