9. Which is a better rate, 8.10% annually or 8% compounded semi-annually? Solution: 8% compounded semi-annually 8.16% =

EBK CFIN
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ISBN:9781337671743
Author:BESLEY
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Chapter4: Time Value Of Money
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9. Which is a better rate, 8.10% annually or 8%
compounded semi-annually? Solution: 8% compounded
semi-annually = 8.16%
Transcribed Image Text:9. Which is a better rate, 8.10% annually or 8% compounded semi-annually? Solution: 8% compounded semi-annually = 8.16%
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