Question: Problem 1 0 . 2 5 A deposit is made on January 1 , 2 0 0 4 . The investment earns interest at a

Problem 10.25
A deposit is made on January 1,2004. The investment earns interest at a
constant force of interest of 6%.
Calculate the monthly effective interest rate for the month of December 2004.
Problem 10.25 A deposit is made on January 1,2004. The investment

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