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gewusel gewusel
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Note: The calculations for this question were done using Excel's RATE function.
What is the nominal annual rate of interest charged quarterly on a lease valued at $2340.00 if payments of $240.00 are made at the beginning of every three months for 3.25 years?
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Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
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AxyAxy
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6 years ago
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gewusel Author
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6 years ago
Helped a lot
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Good timing, thanks!
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Brilliant
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