For an interest rate of 9% per year, compounded every 4 months, determine the nominal interest rate

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For an interest rate of 9% per year, compounded every 4 months, determine the nominal interest rate per

(a) 8 months,

(b) 12 months, and

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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Question Posted: Dec 24, 2018 07:47 AM

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For an interest rate of 9% per year, compounded every 4 months, determine the nominal interest rate

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Engineering Economy

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