Use Table 13 - 1 Appropriate formula for Exercise 11 - 16. See Examples 3 and 4
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Find the effective interest rate for a loan for four years compounded semiannually at an annual rate of 2%. Use the table method?
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Related Book For 
Business Math
ISBN: 978-0133011203
10th edition
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
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