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Effective rate of interest corresponding
Picabo borrows $1,000. To repay the amount she makes 12 equal monthly payments of $90.30. Determine the following:
(a) The
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Anonymous
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Shannon invests $3,000, at 8% interest, compounded quarterly for one year. Use Table 11-1 to calculate the effective interest
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Anonymous
746 views
also, what formula would i have to use for this:
Effective Rate An advertisement for E*TRADE bank boasted "We're ahead of banks
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student
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If a bank offers interest at a nominal rate of 6%, how much greater is the effective rate if interest is compounded continuously
4 answers
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Anonymous
738 views
The sum of the accumulated value of 1 at the end of four years at a certain effective rate of interest, and the present value of
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Summer
484 views
$1000 was invested for two years at 10% simple interest .calculate the effective rate was earned.
pls check my solve
1 answer
asked by
fizz
634 views
I need to calculate the effective interest rate of a simple discount note $21,750 at an ordinary bank discount rate of 7.91% for
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Anoymous
991 views
Determine the annual interest rate r required for an investment with continuous compound interest to yield an effective rate of
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asked by
math
422 views
Find the effective rate of interest per annum equivalent to the nominal interest rate of 11% compounded monthly.
10.48% 0.92% 11%
1 answer
47 views
What is the effective rate of the interest rate of the interest when the rate is 6 percent compounded continuously?
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Anonymous
2,097 views