oluwapelumi6 oluwapelumi6
  • 20-10-2020
  • Mathematics
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Find the effective rate of interest for 1% compounded monthly.
The effective rate of interest is %.
(Round to three decimal places as needed.)

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charlesmcnutt
charlesmcnutt charlesmcnutt
  • 20-10-2020

Answer:

Find the effective rate of interest for 1% compounded monthly

Step-by-step explanation:

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