Identify (a) the annual interest rate, (b) the length of the investment in years, (c) the periodic

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Identify (a) the annual interest rate, (b) the length of the investment in years, (c) the periodic interest rate, and (d) the number of periods of the investment.

1. 8% compounded quarterly for 7 years

2. 12% compounded monthly for 3 years

3. 9% compounded monthly for 5 years

4. 10% compounded semiannually for 8 years

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Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Feb 09, 2018 05:34 AM

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Identify (a) the annual interest rate, (b) the length of the investment in years, (c) the periodic

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1 a 8 b 7 c 8 4 2 002 d 47 28 2 12 compounded monthly for 3 years a Annual interest rate ...View the full answer

Mathematical Applications for the Management Life and Social Sciences

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