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dmalex13 dmalex13
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2 years ago
To be equivalent to 10% compounded quarterly, what must be the nominal rate with:


a) Annual compounding?
b) Semiannual compounding?
c) Monthly compounding?

Calculate interest rates accurate to the nearest 0.01%.
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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egidrarcegidrarc
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2 years ago
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dmalex13 Author
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2 years ago
Smart ... Thanks!
smi3
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Yesterday
Good timing, thanks!
Tabitha.davis
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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