Consider the formula p=(1+i)ᶜ-1 . If the interest conversion period is shorter than the payment period, then c is : Select one:

Question

Consider the formula p=(1+i)ᶜ-1 . If the interest conversion period is shorter than the payment period, then c is :
Select one:
a. a number >1
b. a negative integer
c. a fraction < 1
d. a negative fraction

Kunduz · Accepted Answer

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