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book Contemporary Engineering Economics 6th Edition by Chan Park cover

Contemporary Engineering Economics 6th Edition by Chan Park

النسخة 6الرقم المعياري الدولي: 978-0134105598
book Contemporary Engineering Economics 6th Edition by Chan Park cover

Contemporary Engineering Economics 6th Edition by Chan Park

النسخة 6الرقم المعياري الدولي: 978-0134105598
تمرين 81
A financial institution is willing to lend you $400. However, $450 is repaid at the end of one week.
(a) What is the nominal interest rate
(b) What is the effective annual interest rate
التوضيح
موثّق
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Write the formula to calculate nominal i...

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Contemporary Engineering Economics 6th Edition by Chan Park
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