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s 20 pis A mortgage of $110,000 is amortized over 20 years by monthly payments of $859.07. What is the nominal annual rate of interest
s 20 pis A mortgage of $110,000 is amortized over 20 years by monthly payments of $859.07. What is the nominal annual rate of interest compounded semi-annually? The nominal annual rate of interest is 5.92 %. (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.)
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Information Quality Assurance And Internal Control For Management Decision Making
Authors: William R Kinney
1st Edition
0256221618, 9780256221619
