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b) An APR of 5.875 produces an effective annual interest rate of 6.04% what is the compounding frequency in this situati

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b) An APR of 5.875 produces an effective annual interest rate of 6.04% what is the compounding frequency in this situati

Posted: Mon May 16, 2022 8:53 am
by answerhappygod
B An Apr Of 5 875 Produces An Effective Annual Interest Rate Of 6 04 What Is The Compounding Frequency In This Situati 1
B An Apr Of 5 875 Produces An Effective Annual Interest Rate Of 6 04 What Is The Compounding Frequency In This Situati 1 (16.39 KiB) Viewed 47 times
b) An APR of 5.875 produces an effective annual interest rate of 6.04% what is the compounding frequency in this situation? i = (1 +r/m)" - 1 0.0604 = ( 1+ 0.05875/m)" - 1
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