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Home Q & A Board Science-Related Homework Help Mathematics
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gyoku2302 gyoku2302
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A year ago
What semiannually compounded interest rate is equivalent to 6% compounded:


a) Annually?
b) Quarterly?
c) 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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tkane127tkane127
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A year ago
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gyoku2302 Author
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A year ago
Helped a lot
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Thanks for your help!!
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