ics 3 parts (6-8) Calculate the yearly effective interest rate if an investment is paid 2% interest every two months. Answer: 12.61% stornerb.olbaig. An Calculate the number of interest perioda 128.16 Lange. voor if the yearly interest rate is 15%
ics 3 parts (6-8) Calculate the yearly effective interest rate if an investment is paid 2% interest every two months. Answer: 12.61% stornerb.olbaig. An Calculate the number of interest perioda 128.16 Lange. voor if the yearly interest rate is 15%
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 22PROB
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ics 3 parts (6-8) Calculate the yearly effective interest rate if an investment is paid 2% interest every two months. Answer: 12.61% stornerb.olbaig. An Calculate the number of interest perioda 128.16 Lange. voor if the yearly interest rate is 15%
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