Math, asked by r20ft028mgayathri, 4 months ago

find the force of interest corresponding to the effective rate 6%

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Answered by kalyanink87gmailcom

Answer:

Force of interest refers to a nominal interest rate or a discount rate compounded infinite number of times (or continuously) per time period. ... This interest rate compounded continuously is the force of interest.

Answered by bijoyghoshviib

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find the force of interest corresponding to the effective rate 6%​

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find the force of interest corresponding to the effective rate 6%