document.write( "Question 1072571: Calculate the APR for a 6% per annum nominal rate of interest compounded 20 times annually. \n" ); document.write( "

Algebra.Com's Answer #687433 by Boreal(15235) $\"\"$ $\"About$

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(1+(.06/20))=1.003^20=1.0617
\n" ); document.write( "6.17% \n" ); document.write( "

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