问题
单项选择题
A local bank offers an account that pays 8 percent, compounded quarterly, for any deposits of $10000 or more that are left in the account for a period of 5 years. The effective annual rate of interest on this account is.（）
A. 9.01%.
B.4.65%.
C. 8.24%.
答案
参考答案：C
解析：
(1+periodic rate)m-1=(1.02)4-1=8.24%.