Question
Orange Bank is offering you a special offer where they will pay you 2 . 1 % interest compounded hourly. What is the Effective Annual
Orange Bank is offering you a special offer where they will pay you interest compounded hourly. What is the Effective Annual Rate you are being offered?
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
6th edition
1305637100, 978-1305637108
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