Assuming semiannual every 6 months compounding what is the
A student bought a $75 used guitar and agreed to pay for it with a single $85 payment at the end of 6 months. Assuming semiannual (every 6 months) compounding, what is the nominal annual interest rate? What is the effective interest rate?
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assume the following information for the month of august june sales 40000 july sales 65000 august sales 52850 all
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the following transactions were completed by hobson inc whose fiscal year is the calendar year2014july 1issued 7180000
a student bought a 75 used guitar and agreed to pay for it with a single 85 payment at the end of 6 months assuming
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assignmentthis assignment has two partspart 11how can you utilize financial ratios in your personal finances why are
at the central furniture company customers who buy on credit pay an effective annual interest rate of 161 based on
a flexible budget adjusts revenues and costs with changes in the levels of activity it is a performance evaluation tool
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