7. What is the annual simple interest rate of a 30-day deposit that will yield the same effective yield as an annual 18%
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7. What is the annual simple interest rate of a 30-day deposit that will yield the same effective yield as an annual 18%
7. What is the annual simple interest rate of a 30-day deposit that will yield the same effective yield as an annual 18% simple interest deposit with a 48-day maturity? 8. Find the net present value of the cash flows shown below. +200 %5 %8 %10 %12 Qarterly +60 2 Semiannually -100 Monthly -20 3
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