What nominal rate per month is equivalent to an effective 1.3% per month, compounded continuously?

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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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Question Posted: Dec 17, 2012 05:39 AM

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What nominal rate per month is equivalent to an effective 1.3% per month, compounded continuously?

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Given Effective interest Rate i 13 13100 0013 Effective interes...View the full answer

Engineering economy

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