Mathematics, 06.07.2019 19:00, gomezjuana123
Find the periodic rate that corresponds to the given compound rate, if the rate is compounded as follows. (round your answers to eight decimal places.) compound rate = 18% (a) quarterly periodic rate = ? (b) monthly periodic rate = ? (c) daily periodic rate = ? (d) biweekly (every two weeks) periodic rate = ? (e) semimonthly (twice a month) periodic rate = ?
Answers: 1
Find the periodic rate that corresponds to the given compound rate, if the rate is compounded as fol...
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