Convert a nominal annual rate of discount of 47 compounded


Convert a nominal annual rate of discount of 4.7% compounded 4 times pear year into a nominal annual rate of interest compounded 4 times per year. Write your answer as a decimal to four significant digits. for example, an answer of 8.237% would be entered as 0.08237.

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Financial Management: Convert a nominal annual rate of discount of 47 compounded
Reference No:- TGS02637484

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