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***** Calculate the effective annual interest rate of the following savings schemes: -12% annual interest compounded monthly. -18% annual interest compounded weekly. - ***** Now
***** Calculate the effective annual interest rate of the following savings schemes:
-12% annual interest compounded monthly.
-18% annual interest compounded weekly. -
***** Now calculate ie for the following data:
-14% annual interest compounded monthly. Also semi annually.
-10% annual interest compounded weekly. Also semi annually.
-13% annual interest compounded weekly. Also for the next 2 years.
-9% annual interest compounded semi annually. Now for the next 2 years.
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