For an interest rate of 1% per 2 months, determine the number of times interest would be

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For an interest rate of 1% per 2 months, determine the number of times interest would be compounded in
(a) 2 months,
(b) Two semiannual periods,
(c) 3 years.

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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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For an interest rate of 1% per 2 months, determine the number of times interest would be

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Engineering economy

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