simranvartia19 simranvartia19
  • 19-06-2020
  • Mathematics
contestada

what is the nominal annual interest rate

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djohnson0719oxqte7
djohnson0719oxqte7 djohnson0719oxqte7
  • 19-06-2020

Answer:

the nominal interest rate is the periodic interest rate.

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1king11 1king11
  • 19-06-2020

it  is the periodic interest rate times the number of periods per year.

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