ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
Calculate the effective annual interest rate for 18% corresponding
to each of the following:
(a) compounded semi-annually
(b) compounded quarterly
(c) compounded bi-monthly
(d) compounded monthly
(e) compounded weekly
(f) compounded daily
(g) Compounded continuously
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