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mdensmore mdensmore
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10 months ago
You are offered a loan at a rate of 9% compounded monthly. Below what nominal rate of interest would you choose semiannual compounding instead? Round to the nearest 0.01%.
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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AdieMichelleAdieMichelle
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10 months ago
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mdensmore Author
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10 months ago
Thank you, thank you, thank you!
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Yesterday
Good timing, thanks!
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2 hours ago
Thanks for your help!!
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