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Here is some context btw: since mant similar questions like these have been answered very wrong. Here it is: TO FIND EQUIAVLENT RATES, EQUATE THE
Here is some context btw: since mant similar questions like these have been answered very wrong. Here it is: TO FIND EQUIAVLENT RATES, EQUATE THE ACCUMALATED VALUES OF $1 FOR THE RATES UNDER CONSIDERATION BASED ON A SELECTED TIME PERIOD, USUALLY ONE YEAR. USE THE FUTURE VALUE FORMULA FOR COMPOUND INTEREST TO FIND THE ACCUMULATED VALUES
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