Lila receives a personal loan that has 66 compoundings in a time period of 16 years and
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Lila receives a personal loan that has 66 compoundings in a time period of 16 years and 6 months. Calculate the compounding frequency of the loan.
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Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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