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Home Q & A Board Science-Related Homework Help Mathematics
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ikrabbe ikrabbe
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6 years ago
The accountant of Crystal Credit Union proposes changing the method of compounding interest on premium savings accounts to yearly compounding. If the current rate is 8% compounded quarterly, what nominal rate should the treasurer suggest to the Board of Directors to maintain the same effective rate of interest?
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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SupremeSupreme
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6 years ago
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ikrabbe Author
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6 years ago
Just got PERFECT on my quiz
kaytee23
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Yesterday
Smart ... Thanks!
mcraver1
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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