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Calculate the nominal interest rate of Chelsea's loan of $12,000.00 if it accumulated to $13,326.87 in 6.5 years and interest is compounded semi-annually.
Calculate the nominal interest rate of Chelsea's loan of $12,000.00 if it accumulated to $13,326.87 in 6.5 years and interest is compounded semi-annually.
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Information For Decision Making Readings In Cost And Managerial Accounting
Authors: Alfred Rappaport
2nd Edition
0134643887, 978-0134643885
