What interest rate, compounded quarterly, is equivalent to a 9.31% effective interest rate?

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Engineering Economics

ISBN: 9780195168075

9th Edition

Authors: Ted G. Feller

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Question Posted: Mar 01, 2010 04:22 AM

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What interest rate, compounded quarterly, is equivalent to a 9.31% effective interest rate?

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Effective Interest Rate 1 i m 1 00931 1 i 4 ...View the full answer

Engineering Economics

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