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Does anybody know anything about accounting?


ec437

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I am extremely rusty on this, but I would assume that you would double the amount of periods and half the annual interest


This is assuming that you know how to compute just a single annual interest.

 

 

Yeah, I can do that, I think the problem I'm running into here is that the interest is compounded. But I could be wrong. I'll post the problem when I get a minute.

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Yeah, I can do that, I think the problem I'm running into here is that the interest is
compounded
. But I could be wrong. I'll post the problem when I get a minute.

 

 

Frick, I'm retarded. I just realized it was because I wasn't halving the interest.

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