Question
If an investment pays 13% per year with bi-weekly compounding, what rate are you actually earning? (Hint: calculate the period rate first and then plug
If an investment pays 13% per year with bi-weekly compounding, what rate are you actually earning? (Hint: calculate the period rate first and then plug into the EAR formula.) Answer as a percent. Enter only numbers and decimals in your response.
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Sawyer's Internal Auditing The Practice Of Modern Internal Auditing
Authors: Lawrence Sawyer, Mortimer Dittenhofer, James Scheiner
5th Edition
0894131788, 978-0894131783
