Business
Business, 21.08.2020 01:01, ggpro4life3000

A banker can lend money at 9.1% compounded monthly or at 9.3% compounded quarterly. If the length of the loan is 15 years, which type of loan profits the banker more?

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A banker can lend money at 9.1% compounded monthly or at 9.3% compounded quarterly. If the length of...

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