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henry11 henry11
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10 months ago
If $100,000 will purchase a 20-year annuity paying $739 at each month's end, what monthly compounded nominal rate and effective rate of interest are earned by the funds? Round to the nearest 0.01%
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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jennaforierojennaforiero
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10 months ago
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henry11 Author
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10 months ago
Thank you, thank you, thank you!
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Yesterday
Thanks
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2 hours ago
Good timing, thanks!
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