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If i= 14.8% per year, compounded monthly What is the effective interest rate per semiannual? (ABET, SO1) Select one: O a. 15.85% O b.7.63%
If i= 14.8% per year, compounded monthly What is the effective interest rate per semiannual? (ABET, SO1) Select one: O a. 15.85% O b.7.63% O c 74% O d. 1,23% O e. 791%
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Business Math
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
10th edition
133011208, 978-0321924308, 321924304, 978-0133011203
