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    Financial and Managerial Accounting Study Set 8
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    Exam 27: the Time Value of Money: Future Amounts and Present Values
  5. Question
    An Interest Rate of 12% a Year Is the Same
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An Interest Rate of 12% a Year Is the Same

Question 33

Question 33

True/False

An interest rate of 12% a year is the same as 6% for 2 months.

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