An interest rate of 8% per 6 months, compounded monthly, is equivalent to what effective rate per

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An interest rate of 8% per 6 months, compounded monthly, is equivalent to what effective rate per quarter?

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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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Question Posted: Dec 17, 2012 05:38 AM

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An interest rate of 8% per 6 months, compounded monthly, is equivalent to what effective rate per

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Engineering economy

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