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Home Q & A Board Science-Related Homework Help Mathematics
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mooncalled mooncalled
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10 months ago
What is the effective interest rate corresponding to a nominal annual rate of:


a) 6% compounded semiannually?
b) 6% compounded quarterly?
c) 6% compounded monthly?

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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bamboofactorbamboofactor
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10 months ago
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mooncalled Author
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10 months ago
Just got PERFECT on my quiz
rudy.zondo
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Yesterday
Thanks
Jodias
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2 hours ago
this is exactly what I needed
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