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Find the APR, or stated rate, in each of the following cases. Required: (a) An effective interest of 16% compounded semiannually (b) An effective interest
| Find the APR, or stated rate, in each of the following cases. |
| Required: |
| (a) | An effective interest of 16% compounded semiannually |
| (b) | An effective interest of 11% compounded monthly |
| (c) | An effective interest of 15% compounded weekly |
| (d) | An effective interest of 18% with infinite compounding |
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Finance Of International Trade
Authors: Eric Bishop
1st Edition
0750659084, 978-0750659086
