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Mathematics, 22.01.2020 06:32 officialariana01
Craig is considering four loans. loan l has a nominal rate of 8.254%, compounded daily. loan m has a nominal rate of 8.474%, compounded weekly. loan n has a nominal rate of 8.533%, compounded monthly. loan o has a nominal rate of 8.604%, compounded yearly. which of these loans will offer craig the best effective interest rate?
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Craig is considering four loans. loan l has a nominal rate of 8.254%, compounded daily. loan m has a...
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