Math Problem Statement
5. Dado el 4% ETV, calcular una tasa mensual efectiva Vencida que sea equivalente
Solution
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Math Problem Analysis
Mathematical Concepts
Interest Rate Conversion
Compound Interest
Annual and Monthly Effective Rates
Formulas
(1 + i_a) = (1 + i_m)^12
i_m = (1 + i_a)^(1/12) - 1
Theorems
Compound Interest Theorem
Rate Conversion Theorem
Suitable Grade Level
University Level / Finance Students
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