Question: I NEED HELP PLEASE. INDICATE THE CORRECT ANSWER The value of a 6 year lease that requires payments of $900 made at the beginning of
I NEED HELP PLEASE. INDICATE THE CORRECT ANSWER
The value of a 6 year lease that requires payments of $900 made at the beginning of every quarter is $19,100. What is the nominal interest rate compounded quarterly? Select the correct answer. No work needs to be shown. 4.40% 17.60% 5.70% 3.65%
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