What is the nominal annual interest rate based upon
An engineer borrows $10,000 to buy a personal computer. He must repay $218.94 a month for 5 years. What is the nominal annual interest rate, based upon continuous compounding. NO EXCEL, need step by step solutions with formulas
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an engineer borrows 10000 to buy a personal computer he must repay 21894 a month for 5 years what is the nominal annual
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