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Calculate the effective annual rate for 5% p. a. compounded semi-annually.
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[10 points, algebra 2-simplifying complex fractions]according to my answer key the restrictions are -1 and 4. but why not positive 1?
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£100.80 divided by 14 equals 7.2 how would we put this as money
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Calculate the effective annual rate for 5% p. a. compounded semi-annually....
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