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T.T One bank advertises a nominal rate of 4.15% compounded semiannually. A second bank advertises a nominal rate of 4.05% compounded weekly. What are the
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One bank advertises a nominal rate of 4.15% compounded semiannually. A second bank advertises a nominal rate of 4.05% compounded weekly. What are the effective yields? (Round your answers to two decimal places.) first bank 4.19 % second bank 4.61 X % In which bank would you deposit your money? O first bank second bank Additional Materials eBookStep by Step Solution
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The Economic Indicator Handbook How To Evaluate Economic Trends To Maximize Profits And Minimize Losses
Authors: Richard Yamarone
1st Edition
1118204662, 9781118204665
