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fatsoulmh fatsoulmh
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A year ago
Columbia Trust wants its annually, semiannually, and monthly compounded five-year GICs all to have an effective interest rate of 5.75%. What nominal annual rates should it quote for the three compounding options? Calculate interest rates accurate to the nearest 0.01%.
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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bodie1980bodie1980
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A year ago
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fatsoulmh Author
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A year ago
Thanks for your help!!
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Yesterday
Helped a lot
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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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