Which investment has the greater effective interest rate: 8.25% per year compounded quarterly or 8.20% per year
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Which investment has the greater effective interest rate: 8.25% per year compounded quarterly or 8.20% per year compounded continuously?
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Related Book For
Calculus For Business, Economics And The Social And Life Sciences
ISBN: 9780073532387
11th Brief Edition
Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price
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