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The annual nominal rate of

Find the balance at the end of 6 years of $5000 investment in an account with a nominal annual rate of interest of 2.5%
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2. asked by JM
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What is the nominal annual financing cost of a 9-month, $200,000 discounted bank loan at a stated annual interest rate of 10%
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2. asked by Myrtis Edwards
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Suppose $400 is invested for 4 years at a nominal yearly interest rate that is compounded monthly, further suppose it
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2. asked by lianne
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Suppose $400 is invested for 4 years at a nominal yearly interest rate that is compounded monthly, further suppose it
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2. asked by lianne
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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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2. asked by Anonymous
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The annual nominal rate of interest on a bank certificate of deposit is 12%. What would be the effect of an inflation rate of
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2. asked by Meredith
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answer of the effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half -yearly is
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2. asked by nakul
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i have to write these definitions with illsutrations.Nominal value/face value, market value, rate of dividend, annual dividend,
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2. asked by Viktor
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Swan Furnace Cleaners wants to add 0.50% to the effective rate of interest on its credit card. If it currently charges a nominal
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2. asked by Amy
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Swan Furnace Cleaners wants to add 0.50% to the effective rate of interest on its credit card. If it currently charges a nominal
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2. asked by Amy
3. 503 views