For an interest rate of 9% per year, compounded every 4 months, determine the nominal interest rate per (a) 8 months, (b) 12 months, and (c) 2 years.
What will be an ideal response?
(a) r/8-mths: (0.09/3)*2 = 6%
(b) r/12-mths: (0.09/3)*3 = 9%
(c) r/2-yrs: (0.09/3)*6 = 18%
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Fill in the blank(s) with the appropriate word(s).
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A. True B. False
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The HVACR technician's role in indoor air quality is to:
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