
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301 Exercise 49
An effective 12.68% per year, compounde monthly, is the closed to:
A) 12% per year
B) 12% per year compounded annualy
C) 1% per month
D) 1% per month, compounded annualy
A) 12% per year
B) 12% per year compounded annualy
C) 1% per month
D) 1% per month, compounded annualy
Explanation
r is the nominal annual intere...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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