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Contemporary Engineering Economics 6th Edition by Chan Park
النسخة 6الرقم المعياري الدولي: 978-0134105598Contemporary Engineering Economics 6th Edition by Chan Park
النسخة 6الرقم المعياري الدولي: 978-0134105598 تمرين 46
Republic Finance offers money at 2.32% per month compounded monthly.
(a) What is the nominal interest rate
(b) What is the effective annual interest rate
(c) How many years will it lake an investment to triple if interest is compounded monthly
(d) How many years will it take an investment to quadruple if the nominal rate is compounded continuously
(a) What is the nominal interest rate
(b) What is the effective annual interest rate
(c) How many years will it lake an investment to triple if interest is compounded monthly
(d) How many years will it take an investment to quadruple if the nominal rate is compounded continuously
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Nominal interest rate is the annual inte...
Contemporary Engineering Economics 6th Edition by Chan Park
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