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Contemporary Engineering Economics 6th Edition by Chan Park
Edition 6ISBN: 978-0134105598Contemporary Engineering Economics 6th Edition by Chan Park
Edition 6ISBN: 978-0134105598 Exercise 7
The APR is staled as 6% compounded monthly. What is the continuously compounded rate (In other words, what APR at continuous compounding has the same effect )
Explanation
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Nominal interest rate is the annual inte...
Contemporary Engineering Economics 6th Edition by Chan Park
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