ACI Dealing Certificate 3I0-012 Question # 341 Topic 12 Discussion

ACI Dealing Certificate 3I0-012 Question # 341 Topic 12 Discussion

3I0-012 Exam Topic 12 Question 341 Discussion:
Question #: 341
Topic #: 12

What is the amount of the principal plus interest due at maturity on a 1-month (32-day) deposit of USD 50,000,000.00 placed at 0.37%?


A.

EUR 50,015,416.67


B.

EUR 50,016,219.18


C.

EUR 50,016,444.44


D.

EUR 50,016,958.33


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