Use the given annual interest rate r and the compounding period to find i, the interest rate per compounding period. 5.45% compounded monthly =% per month (Type an integer or decimal rounded to the...


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Use the given annual interest rate r and the compounding period to find i, the interest rate per compounding period.<br>5.45% compounded monthly<br>=% per month<br>(Type an integer or decimal rounded to the nearest thousandth as needed.)<br>

Extracted text: Use the given annual interest rate r and the compounding period to find i, the interest rate per compounding period. 5.45% compounded monthly =% per month (Type an integer or decimal rounded to the nearest thousandth as needed.)

Jun 03, 2022
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