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How to calculate this in step by step process and then how do I put this in excel? Your bank pays 5.7% total interest on
How to calculate this in step by step process and then how do I put this in excel?
| Your bank pays 5.7% total interest on your savings account over the course of the year. Interest is paid on a quarterly frequency. What is per period interest rate associated with this account? | ||||||||||||
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Corporate Finance Core Principles and Applications
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
3rd edition
978-0077971304, 77971302, 978-0073530680, 73530689, 978-0071221160, 71221166, 978-0077905200
