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Home Q & A Board Science-Related Homework Help Mathematics
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kokomel23 kokomel23
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A year ago
A $10,000 debt is repaid by payments of $800 at the end of each quarter for five years. What semiannually compounded nominal interest rate was charged on the loan?

▸ 23.10%

▸ 20.35%

▸ 11.08%

▸ 9.81%

▸ 19.86%
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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GlitterBug11GlitterBug11
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A year ago
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kokomel23 Author
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A year ago
Smart ... Thanks!
DaiwalkerX
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Yesterday
You make an excellent tutor!
shelbycox
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2 hours ago
Thank you, thank you, thank you!
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