The amount owed on a promissory note for $950 after two years and five months is $1036.22.
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The amount owed on a promissory note for $950 after two years and five months is $1036.22. What monthly compounded nominal rate of interest was charged on the debt?
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Related Book For
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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