What is the nominal rate of interest compounded continuously for a period of 5 years of an equal payment series if the sinking fund factor is equal to 0.180519? (Answer must be a whole number and must be in %. Do not include "%" when entering your answer to the box.)
What is the nominal rate of interest compounded continuously for a period of 5 years of an equal payment series if the sinking fund factor is equal to 0.180519? (Answer must be a whole number and must be in %. Do not include "%" when entering your answer to the box.)
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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What is the nominal rate of interest compounded continuously for a period of 5 years of an equal payment series if the sinking fund factor is equal to 0.180519? (Answer must be a whole number and must be in %. Do not include "%" when entering your answer to the box.)
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