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frustelle frustelle
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5 months ago
What is the quarterly compounded nominal rate that is equivalent to 18% compounded monthly?

▸ 18.53%

▸ 17.84%

▸ 16.89%

▸ 18.64%

▸ 18.27%
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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browntown345browntown345
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5 months ago
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18.27%

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frustelle Author
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5 months ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Just got PERFECT on my quiz
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this is exactly what I needed
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