Orlando has a loan with an effective interest rate of 7. 918%, compounded annually. Which of the following must be true? I. In the effective rate formula, n is equal to one. II. The nominal rate is 7. 918%. III. The Federal Funds Rate is static. A. I and II b. II only c. III only d. I, II, and III.

Is there a picture because i cannot answer it sorry

The question is kind of confusing. if it's asking how many variations of answers can you give. then do 4^5 for your answer.this would be something like the first question could be a and the 2nd c or first b next c etc. if you can, ask the teacher for a better confirmation of what it's asking. if i'm assuming correctly what it's asking, it's 625 different variations.