If the nominal rate of interest paid on a savings account is 2% compounded monthly, what is

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If the nominal rate of interest paid on a savings account is 2% compounded monthly, what is the effective rate of interest?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Jan 20, 2016 07:34 AM

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If the nominal rate of interest paid on a savings account is 2% compounded monthly, what is

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Business Mathematics In Canada

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