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What is the semiannually compounded nominal rate that is equivalent to 16% compounded quarterly?

Kss612

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What is the semiannually compounded nominal rate that is equivalent to 16% compounded quarterly?

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: 11^th

Authors: Jerome, Worswick

Read 37 times

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melryandion

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Kss612 Author

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3 months ago

Thanks for your help!!

7.prime7105

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Good timing, thanks!

KaylenePig

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