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If the Wet Dog Surf Company borrows $11,000 at 6.00% and there are 2 compounding periods per year, calculate Wet Dog's Effective Annual Rate (APY)
If the Wet Dog Surf Company borrows $11,000 at 6.00% and there are 2 compounding periods per year, calculate Wet Dog's Effective Annual Rate (APY) of interest.
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Analysis For Financial Management
Authors: Robert C. Higgins
10th International Edition
007108648X, 9780071086486
