If Rose invested her savings in a bank account that offered her a nominal interest rate of
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If Rose invested her savings in a bank account that offered her a nominal interest rate of 2.86% and a periodic interest rate of 1.43%, what was the compounding frequency used?
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Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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