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Discussion :: Engineering Economics

  1. What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly?

    2. A.

     8.07 %
    B.

     8.12 %
    C.

     8.16 %
    D.

     8.24 %

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    Answer : Option D

    Explanation :

    Explanation Not Provided

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