brandonstone660 brandonstone660

07-01-2020
Mathematics

contestada

Wyatt is paying back a loan with a nominal interest rate of 13.62%. If the interest is compounded quarterly, how much greater is Wyatt’s effective interest rate than his nominal interest rate?

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ppkd1998p4tvsn ppkd1998p4tvsn

07-01-2020

0.71 percentage points

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LilWhigga0127 LilWhigga0127

24-03-2022

Answer:

0.71 Percentage Points

Step-by-step explanation:

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