Question: 6. What annual nominal rate compounded monthly has the same effective rate as 8% com- pounded quarterly? Answer: 7.95% 0150 into hunt that nava 8

 6. What annual nominal rate compounded monthly has the same effective

6. What annual nominal rate compounded monthly has the same effective rate as 8% com- pounded quarterly? Answer: 7.95% 0150 into hunt that nava 8 % compounded

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