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    Exam 9: Compound Interest: Further Topics and Applications
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    What Semiannually Compounded Rate Is Equivalent to 8
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What Semiannually Compounded Rate Is Equivalent to 8

Question 312

Question 312

Short Answer

What semiannually compounded rate is equivalent to 8.5% compounded quarterly?

Correct Answer:

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8.59% comp...

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