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A person requests a bank loan and it is granted for 22 years. The annual interest rate is 27%. If the capitalization is monthly, what
A person requests a bank loan and it is granted for 22 years. The annual interest rate is 27%. If the capitalization is monthly, what will be the interest rate in each of the capitalization periods?
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Capital As Power
Authors: Jonathan Nitzan, Shimshon Bichler
1st Edition
0415496802, 978-0415496803
