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What is the nominal annual rate of interest compounded quarterly if a loan of $ 25,000 is repaid in seven years by payments of $2000
What is the nominal annual rate of interest compounded quarterly if a loan of $ 25,000 is repaid in seven years by payments of $2000 made at the end of every six months?
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Options Futures And Other Derivatives
Authors: John C. Hull
7th Edition
0136015867, 9780136015864
