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Kss612 Kss612
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5 months ago
What is the semiannually compounded nominal rate that is equivalent to 16% compounded quarterly?

▸ 9.91%

▸ 17.44%

▸ 15.02%

▸ 16.32%

▸ 16.98%
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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melryandionmelryandion
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5 months ago
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16.32%

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Kss612 Author
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5 months ago
Smart ... Thanks!
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Yesterday
Correct Slight Smile TY
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2 hours ago
Good timing, thanks!
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