Effective Interest Rate - What is it, Formula, Calculate, Examples
Effective Interest Rate - What is it, Formula, Calculate, Examples
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calculate the effective interest rate for a nominal rate of 18 ... | Filo
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Answered: What nominal interest rate per year is equivalent to an effective 18% per year compounded semiannually? Select one: o a. 17.26 o b. 21.81 O c. 18.81 d. 24.33 | bartleby
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