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fatsoulmh fatsoulmh
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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%.
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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bodie1980bodie1980
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fatsoulmh Author
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2 years ago
Thanks
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Yesterday
Just got PERFECT on my quiz
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Good timing, thanks!
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