Suppose $2000 earns an interest of $120.35 in one year. What is the nominal annualrate of interest

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Suppose $2000 earns an interest of $120.35 in one year. What is the nominal annualrate of interest compounded monthly?

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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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Posted Date: Dec 19, 2020 02:29 AM

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Suppose $2000 earns an interest of $120.35 in one year. What is the nominal annualrate of interest

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Engineering economy

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