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The bank quoted interest rate is 4% per annum. Find the six month rate ? Is it (1+4%)^0.5 or is it (1+4%/2) ? Explain your
The bank quoted interest rate is 4% per annum. Find the six month rate ? Is it (1+4%)^0.5 or is it (1+4%/2) ? Explain your answer
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Personal Finance Turning Money Into Wealth
Authors: Arthur J. Keown
6th Edition
0132719169, 978-0132719162
