Question
An effective interest rate of 29.61% corresponds to a nominal rate , compounded weekly , of: a) 26.00% b) 29.53% c) 29.61% d) 34.35% e)
An effective interest rate of 29.61% corresponds to a nominal rate , compounded weekly , of:
a) 26.00%
b) 29.53%
c) 29.61%
d) 34.35%
e) None of the above.
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
11th Canadian Edition
1259024970, 978-1259265921
