Regional bank pays 62 interest compounded quarterly what is
Universal Bank pays 6% interest, compounded annually, on time deposits. Regional Bank pays 6.2% interest, compounded quarterly. What is Regional Bank's effective annual interest rate?
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universal bank pays 6 interest compounded annually on time deposits regional bank pays 62 interest compounded quarterly
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what is the value in year 2 of a 1400 cash flow made in year 7 if interest rates are 10 percent do not round
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