Question
If Php1,000 becomes Php1,126.29 after 4 years when invested at a certain nominal rate of interest compounded semi-annually, determine the nominal rate and the corresponding
If Php1,000 becomes Php1,126.29 after 4 years when invested at a certain nominal rate of interest compounded semi-annually, determine the nominal rate and the corresponding effective rate.
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For the case of semiannual compounding the number of ...
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Econometric Analysis
Authors: William H. Greene
5th Edition
130661899, 978-0130661890
