SOLUTION: Given the annual interest rate and the compounding period, find i, the interest rate per compounding period.
5.42%compounded monthly
I=%per month
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-> SOLUTION: Given the annual interest rate and the compounding period, find i, the interest rate per compounding period.
5.42%compounded monthly
I=%per month
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Question 1182407: Given the annual interest rate and the compounding period, find i, the interest rate per compounding period.
5.42%compounded monthly
I=%per month Answer by Alan3354(69443) (Show Source):
You can put this solution on YOUR website! Given the annual interest rate and the compounding period, find i, the interest rate per compounding period.
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What is the annual interest rate?
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5.42%compounded monthly
I=%per month
