Question
The pawn shop loans money at an annual rate of 23 percent and compound interest weekly. What is the actual rate being charged on these
The pawn shop loans money at an annual rate of 23 percent and compound interest weekly. What is the actual rate being charged on these loans? Suppose there are 365 days in a year and 7 days in a week and round the compounding frequency to the nearest integer
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Financial Analysis With Microsoft Excel
Authors: Timothy R. Mayes
9th Edition
0357442059, 9780357442050
