64 733
Assignments Done
99,3%
Successfully Done
In September 2018

Answer to Question #20485 in Calculus for Riley

Question #20485
Find the effective rate if the nominal rate is 4.0% and interest is compounded daily (n 365). (If r is the nominal rate and n is the number of times interest is compoundedn
annually, then R =
1 +■
- 1 is the effective rate.)*
Expert's answer
Dear visitor
Unfortunately, the statement of your question is a bit confusing.
What do you need to be done? Please, give us the details so we could help you

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

Submit
Privacy policy Terms and Conditions