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ACI Dealing Certificate 3I0-012 Question # 432 Topic 22 Discussion

ACI Dealing Certificate 3I0-012 Question # 432 Topic 22 Discussion

3I0-012 Exam Topic 22 Question 432 Discussion:
Question #: 432
Topic #: 22

The interest earned on a USD 5,000,000.oo money market deposit for 184 days is USD 12,500.00. What was the interest rate?


A.

0.470%


B.

0.196%


C.

0.500%


D.

0.169%


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