If the nominal interest rate of an investment is 5% and the periodic interest rate is 1.25%,

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If the nominal interest rate of an investment is 5% and the periodic interest rate is 1.25%, calculate the compounding frequency.

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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Question Posted: Aug 30, 2024 09:04 AM

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If the nominal interest rate of an investment is 5% and the periodic interest rate is 1.25%,

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Mathematics Of Business And Finance

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