For an effective annual rate ia of 15.87% compounded quarterly, determine (a) The effective quarterly rate and

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For an effective annual rate ia of 15.87% compounded quarterly, determine

(a) The effective quarterly rate and

(b) The nominal annual rate.

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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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Question Posted: Dec 17, 2012 05:38 AM

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For an effective annual rate ia of 15.87% compounded quarterly, determine (a) The effective quarterly rate and

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a Use Equation i 1 i a 1m 1 i 1 ...View the full answer

Engineering economy

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