Engineering Economy
Engineering Economy
8th Edition
ISBN: 9780073523439
Author: Leland T Blank Professor Emeritus, Anthony Tarquin
Publisher: McGraw-Hill Education
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Chapter 1, Problem 42P

(a):

To determine

Calculate the simple interest rate.

(b):

To determine

Calculate the compound interest rate.

(c):

To determine

Derive the spreadsheet function.

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