From a lenders point of view, would you rather disclose to borrowers the nominal interest rate or

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From a lender’s point of view, would you rather disclose to borrowers the nominal interest rate or the effective interest rate?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Sep 21, 2024 08:02 AM

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From a lenders point of view, would you rather disclose to borrowers the nominal interest rate or the effective interest rate?
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From a lenders point of view, would you rather disclose to borrowers the nominal interest rate or

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To conclude wecan say that if compounding is more f...View the full answer

Business Mathematics In Canada

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