Question
Compute effective rate corresponding to investing money at 5% compounded daily (assume 365 days in a year).Enter your answer as a decimal with 4 digits
Compute effective rate corresponding to investing money at 5% compounded daily (assume 365 days in a year).Enter your answer as a decimal with 4 digits after the dot (for example 0.0271 (which corresponds to 2.71% annular percentage)
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Linear Algebra A Modern Introduction
Authors: David Poole
4th edition
1285463242, 978-1285982830, 1285982835, 978-1285463247
