If an interest rate (which could be greater than 10%) is to be calculated to the nearest

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If an interest rate (which could be greater than 10%) is to be calculated to the nearest 0.01%, what minimum number of digits must be retained in the numbers used to calculate the interest rate?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Dec 27, 2023 03:14 AM

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If an interest rate (which could be greater than 10%) is to be calculated to the nearest

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To calculate the interest rate to the nearest 001 we need to reta...View the full answer

Business Mathematics In Canada

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