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edelynpl edelynpl
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A bank offers a rate of 2.0% compounded semiannually on its four-year GICs. What monthly compounded rate should the bank offer on four-year GICs to make investors indifferent between the alternatives? Round to the nearest 0.01%.
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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itnow96itnow96
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edelynpl Author
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10 months ago
Thanks
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Thank you, thank you, thank you!
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This helped my grade so much Perfect
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