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Exercises: Calculate the effective rate of 9 months at 2.44%, then 51 months at 3.13%? How much is the effective rate of 5 percent monthly
Exercises: Calculate the effective rate of 9 months at 2.44%, then 51 months at 3.13%? How much is the effective rate of 5 percent monthly for 36 months? What will be the effective rate of interest of 25% nominal rate compounded annually for 5 years? . Convert Annual Effective interest rate 13.5% per annual to Nominal Interest Rate per annum compounded semi-annually
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