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    Business Mathematics Study Set 1
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    Exam 9: Compound Interest: Further Topics and Applications
  5. Question
    Calculate the Equivalent Interest Rate (To the Nearest 0.01%)
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Calculate the Equivalent Interest Rate (To the Nearest 0.01%)

Question 35

Question 35

Short Answer

Calculate the equivalent interest rate (to the nearest 0.01%)
Calculate the equivalent interest rate (to the nearest 0.01%)

Correct Answer:

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7.43% comp...

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