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Explain the solution if the discrete rate is 5% then the equivalent continuous rate is Select one: a. 4.73% O b.4.81% c. 5.00% d. none
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if the discrete rate is 5% then the equivalent continuous rate is Select one: a. 4.73% O b.4.81% c. 5.00% d. none of the answers e. 4.88% LE The correct answer is: 4.88%Step by Step Solution
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Personal Finance
Authors: Jeff Madura
6th Edition
0134082915, 9780134082912
