calculate the effective yearly rate if an investment offers a nominal interest rate of 9.5% compounded quarterly
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Answer:
The simplified form of the given expression is 12(m -n).
Step-by-step explanation:
The given expression is
We need to simplify the given expression.
Rearrange the terms according to the variables.
On combining like terms, we get
On simplification, we get
Taking GCF common.
Therefore the simplified form of the given expression is 12(m -n).