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cjsunshine
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cjsunshine
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help with this one
Find the APR, or stated rate, in each of the following cases (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)): Stated Rate (APR) Number of Times Compounded Effective Rate (EAR) % Semiannually 12.3 %
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cjsunshine
Sep 24, 2016
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You are planning to save for retirement over the next 25 years. To do this, you will invest $880 a month in a stock account and $480 a month in a bond account. The return of the stock account is expected to be 10.8 percent, and the bond account will pay
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cjsunshine
Sep 24, 2016