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(a) An effective interest of 12% compounded semiannually (b) An effective interest of 20% compounded monthly (c) An effective interest of 8% compounded weekly (d)
| (a) | An effective interest of 12% compounded semiannually |
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| (b) | An effective interest of 20% compounded monthly |
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| (c) | An effective interest of 8% compounded weekly |
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| (d) | An effective interest of 16% with infinite compounding |
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Financial Management
Authors: I.M. Pandey
11th Edition
9325982293, 978-9325982291
