What is the nominal interest rate in continuous compounding that is equivalent to an effective interest...
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What is the nominal interest rate in continuous compounding that is equivalent to an effective interest rate of 29%? Note: Round your answer to one decimal place and provide it WITHOUT the % sign (Example: 25.4 for 25.4%). What is the nominal interest rate in continuous compounding that is equivalent to an effective interest rate of 29%? Note: Round your answer to one decimal place and provide it WITHOUT the % sign (Example: 25.4 for 25.4%).
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Related Book For
Engineering Economic Analysis
ISBN: 9780195168075
9th edition
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
Posted Date:
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