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About Mcgraw-Hill, Inc: Lecture Notes 3
The document discusses different types of interest rates including nominal rates, effective rates, and continuous compounding rates. It provides equations to calculate effective interest rates given nominal rates and compounding periods. Examples are given to demonstrate calculating effective annual rates, rates with different payment and compounding periods, and continuous compounding rates. The document concludes with an example of determining present worth and equivalent uniform series for a cash flow problem.
Detailed Information
| Author: | ['Hassan Shehadi'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 8 |
| Language: | English |
| Format: | |
| Price: | FREE |
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