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SHABBA027 SHABBA027
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3 months ago
For a five-year GIC investment, what monthly compounded nominal rate would put you in the same financial position as 8% compounded semiannually?

▸ 8.02%

▸ 8.16%

▸ 7.84%

▸ 8.21%

▸ 7.87%
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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CJWVail2CJWVail2
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3 months ago
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7.87%

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SHABBA027 Author
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this is exactly what I needed
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This site is awesome
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