Essay
Calculate the nominal annual rate of interest compounded quarterly that is equivalent to 10% p.a. compounded semi-annually.
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= = 0.05 = 1 + i = 1 + i ...View Answer
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Correct Answer:
Verified
= = 0.05 = 1 + i = 1 + i ...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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