Effective Rate The effective rate corresponding to a stated rate of interest r compounded m times per years is re = Example:- A bank pays interest of 4.9% compounded monthly.…
learn maths and leave the fear of it
learn maths and leave the fear of it
Effective Rate The effective rate corresponding to a stated rate of interest r compounded m times per years is re = Example:- A bank pays interest of 4.9% compounded monthly.…
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