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What is the annual rate if the four-year rate is 46.41% per four years? Does it work if using (1+i)^4-1 -0.4641 However, how does one
What is the annual rate if the four-year rate is 46.41% per four years?
Does it work if using (1+i)^4-1 -0.4641
However, how does one find i? Is it by trial and error method?
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Financial and Management Accounting
Authors: Pauline Weetman
7th edition
1292086599, 978-1292086590
