
Basics of Engineering Economy 2nd Edition by Anthony Tarquin,Leland Blank
Edition 2ISBN: 978-0073376356
Basics of Engineering Economy 2nd Edition by Anthony Tarquin,Leland Blank
Edition 2ISBN: 978-0073376356 Exercise 6
Convert an interest rate of 1.5% per month into a nominal interest rate over the following time periods: ( a ) arter; ( b ) ar; ( c ) miannual; ( d ) cade.
Explanation
Nominal interest rate is the interest ra...
Basics of Engineering Economy 2nd Edition by Anthony Tarquin,Leland Blank
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