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gyoku2302 gyoku2302
wrote...
Posts: 143
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:
Read 61 times
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Answer verified by a subject expert
tkane127tkane127
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Posts: 145
Rep: 0 0
A year ago
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gyoku2302 Author
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A year ago
Thank you, thank you, thank you!
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This calls for a celebration Person Raising Both Hands in Celebration
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You make an excellent tutor!
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