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Fundamentals of Engineering Economics 3rd Edition by Chan Park
النسخة 3الرقم المعياري الدولي: 978-0132775427Fundamentals of Engineering Economics 3rd Edition by Chan Park
النسخة 3الرقم المعياري الدولي: 978-0132775427 تمرين 4
A California bank, Berkeley Savings and Loan, advertised the following information: 7.55% APR and effective annual yield 7.842%. No mention is made of the interest period in the advertisement. Can you figure out the compounding scheme used by the bank?
التوضيح
موثّق
موثّق
Given information:
• Annual percentage ...
Fundamentals of Engineering Economics 3rd Edition by Chan Park
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