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Sever21 [200]
3 years ago
7

The annual effective interest rate on Rogelio's loan is 6.6%. What is the equiv- alent nominal discount rate convertible monthly

on the loan? What is the effective monthly discount rate?
Business
1 answer:
Sergio039 [100]3 years ago
5 0

Answer:

3.6%

Explanation:

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A US Multi National Corporation has a contract for a relatively predictable long-term inflow of Japanese yen. The firm decides t
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A successful leader at Uber needs to understand how all the different parts of this complex organization work together. This mea
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8 0
2 years ago
Where did sherman march to sea begin and end?
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The Sherman's March to Sea, also known as the <span>Savannah Campaign, began just outside of Atlanta after his troops won and took over the city. It ended when he reached and conquered Port Savannah on December 21st. It was led all over Georgia and is considered to be a victory for the Union because it disrupted Confederate forces and communication.</span>
4 0
4 years ago
After a devastating hurricane, households try to secure loans to repair and rebuild. Other things equal, this would lead toan in
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Answer:

Other things equal, this would lead to:

an increase in interest rates of home repair loans as the demand for those loans increased.

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With an increase in the demand for house repair loans, as a result of the devastation wrought by the hurricane, the rate of interest on loans normally increases with demand.  The concept of scarcity of loanable funds (or limited resources) is the root cause of this increase in house loan rate. The reverse becomes the case when there is a decrease in demand.

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