For an APR of 10% per year, if interest is compounded quarterly, determine the nominal rate per

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(a) 6 months,

(b) 2 years.

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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Question Posted: Dec 24, 2018 07:47 AM

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For an APR of 10% per year, if interest is compounded quarterly, determine the nominal rate per

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Engineering Economy

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