If the effective rate of interest on an investment is 6.4%, what is the nominal rate of

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If the effective rate of interest on an investment is 6.4%, what is the nominal rate of interest compounded monthly?
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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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