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ikrabbe ikrabbe
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7 years ago
Calculate the effective annual rate for 5% p.a. compounded semi-annually.
A) 0.050625
B) 5.0625%
C) 0.0255%
D) 2.55%
E) 15.0625%
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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AxyAxy
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7 years ago
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4 years ago
thank you
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