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Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301 Exercise 7
Interest is compounded quarterly, and single- payment (that is, F and P ) are separated by 5 years. What must the compounding period be on the interest rate, if the value of n in the P/F or F/P equation is
a) n = 5, (b) n = 20, or (c) n = 60
a) n = 5, (b) n = 20, or (c) n = 60
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Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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