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I am getting the wrong answer 8.2039399. Please help with step wise solution as well as the working and calculations Q6 For a 14-year investment,
I am getting the wrong answer 8.2039399. Please help with step wise solution as well as the working and calculations
Q6 For a 14-year investment, what level annual effective rate of interest gives the same accumulation as an effective rate of interest of 5% for 8 years followed by a monthly effective rate of interest of 0.6% for 6 yearsStep by Step Solution
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