Question
The interest in a three year GIC is $8269.17. If the GIC was purchased for $180 000, what is the nominal interest rate if interest
The interest in a three year GIC is $8269.17. If the GIC was purchased for $180 000, what is the nominal interest rate if interest is compounded quarterly.
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Engineering Economy
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
15th edition
132554909, 978-0132554909
