
Fundamentals of Engineering Economics 3rd Edition by Chan Park
النسخة 3الرقم المعياري الدولي: 978-0132775427
Fundamentals of Engineering Economics 3rd Edition by Chan Park
النسخة 3الرقم المعياري الدولي: 978-0132775427 تمرين 1
A loan company offers money at 1.25% per month compounded monthly.
(a) What is the nominal interest rate?
(b) What is the effective annual interest rate?
(a) What is the nominal interest rate?
(b) What is the effective annual interest rate?
التوضيح
Given information:
• Interest rate per ...
Fundamentals of Engineering Economics 3rd Edition by Chan Park
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