22. Find the effective rate of interest, if the nominal rate of interest is 12.50% p.a. compounded...

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22. Find the effective rate of interest, if the nominal rate of interest is 12.50% p.a. compounded monthly for 2 years.

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Financial Management

ISBN: 9789352605606

1st Edition

Authors: Swapan Sarkar, Bappaditya Biswas, Samyabrata Das, Ashish Kumar Sana

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