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What excell formula is used to determine APR when given present value and future value. It has to be determined for one year when compounded (1) semiannually and (2) monthly

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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What excell formula is used to determine APR when given present value and future value. It has to be determined for one year when compounded (1) semiannually and (2) monthly

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