Homework Answers
| Statement showing Computations | |
| Particulars | Amount |
| a) Semiannually = 2.7%/2 | 1.35% per half year |
| b)Quarterly = 2.7%/4 | .675% per quarter |
| c) Monthly = 2.7%/12 | .225% per month |
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Determine the periodic interest rate for a nominal interest rate of 2.7% compounded: (Round your answers...
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its all one big question. Find the equivalent interest rates to the given nominal interest rates....
its
all one big question.
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