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Given that the annual compound interest rate is 5%, the effective rate for 2 years is (answer to 4 dp). a. 0.1263 b. 0.1178
Given that the annual compound interest rate is 5%, the effective rate for 2 years is (answer to 4 dp). a. 0.1263 b. 0.1178 c. 0.1025 d. 0.1320 e. None of the above
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Modern Advanced Accounting In Canada
Authors: Hilton Murray, Herauf Darrell
7th Edition
1259066487, 978-1259066481
