Mathematics, 29.01.2020 06:03, ziahziah

Melanie is looking for a loan. she is willing to pay no more than an effective rate of 9.955% annually. which, if any, of the following loans meet melanie’s criteria? loan a: 9.265% nominal rate, compounded weekly loan b: 9.442% nominal rate, compounded monthly loan c: 9.719% nominal rate, compounded quarterly

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Melanie is looking for a loan. she is willing to pay no more than an effective rate of 9.955% annual...