Simple interest rate : 24%, maturity 45days, calculate Compound interest rate 45 CR = (1+ 0.24...
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Simple interest rate : 24%, maturity 45days, calculate Compound interest rate 45 CR = (1+ 0.²24 - ) ²² - 1 365 B CR = (1+ 0.24 365 X 45)-1 Simple interest rate : 24%, maturity 45days, calculate Compound interest rate 45 CR = (1 + 0.²24 - ) ²² - 1 365 B CR = (1+ 0.24 365 X 45 ) -1 Simple interest rate : 24%, maturity 45days, calculate Compound interest rate 45 CR = (1+ 0.²24 - ) ²² - 1 365 B CR = (1+ 0.24 365 X 45)-1 Simple interest rate : 24%, maturity 45days, calculate Compound interest rate 45 CR = (1 + 0.²24 - ) ²² - 1 365 B CR = (1+ 0.24 365 X 45 ) -1
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To calculate the compound interest rate you can use the formula CR 1 rnnt 1 Wher... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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