Calculate the nominal interest rate if the periodic rate is: a. 3.6% per half year. b. 1.8%

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Calculate the nominal interest rate if the periodic rate is:
a. 3.6% per half year.
b. 1.8% per quarter.
c. 0.6% per month.

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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 08:01 AM

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Calculate the nominal interest rate if the periodic rate is: a. 3.6% per half year. b. 1.8%

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Business Mathematics In Canada

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