Your bank is offering a certificate of deposit with an APR of 7.94% compounded monthly What is
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Your bank is offering a certificate of deposit with an APR of 7.94% compounded monthly What is the effective annual rate? Enter the answer in percentage format to two decimal places without the % sign -> 9.33 and not 9.33% or 09)
Related Book For
Financial Management Principles and Applications
ISBN: 978-0133423822
12th edition
Authors: Sheridan Titman, Arthur Keown, John Martin
Posted Date: