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Home Q & A Board Science-Related Homework Help Mathematics
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thallium81 thallium81
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5 months ago
You wish to borrow money to pay your annual student membership dues or you will have to pay interest on the late dues at 6.78% compounded weekly. If you borrow money to pay the dues with a one-year payback period, at what semiannually compounded rate of interest will the loan cost them less in interest?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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austsieraustsier
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6.89% compounded semiannually
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thallium81 Author
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5 months ago
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This helped my grade so much Perfect
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