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18) Compute the effective annual rates for the following: 1. 2 percent compounded yearly. 2. 2 percent compounded semi-annually. 3. 2 percent compounded quarterly. 4.
18) Compute the effective annual rates for the following: 1. 2 percent compounded yearly. 2. 2 percent compounded semi-annually. 3. 2 percent compounded quarterly. 4. 2 percent compounded monthly. 5. 2 percent compounded daily (use 365 days a year)
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The Budget Building Book For Nonprofits
Authors: Murray Dropkin, Jim Halpin, Bill La Touche
2nd Edition
0787996033, 978-0787996031
