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Home Q & A Board Science-Related Homework Help Mathematics
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Neptunesx101x Neptunesx101x
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3 months ago
Find the monthly compounded nominal interest rate that is equivalent to an effective rate of 21%.

▸ 1.75%

▸ 23.144%

▸ 1.929%

▸ 19.214%

▸ 1.601%
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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mouallemjmouallemj
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3 months ago
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19.214%
1

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Neptunesx101x Author
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3 months ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
kaytee23
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Yesterday
You make an excellent tutor!
kobbhy
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2 hours ago
Thanks
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