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3I0-013 · Question #190

3I0-013 Question #190: Real Exam Question with Answer & Explanation

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Question

Your money market dealer has accepted a deposit of NOK 10,000,000.00 at 2.375% for 12 months (365 days). How much will you have to pay back in capital plus accrued interest at maturity?

Options

  • ANOK 10,240,799.00
  • BNOK 240,798.61
  • CNOK 10,237,500.00
  • DNOK 10,240,798.61

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