Math Problem Statement

convertir tasa trimestral vencida de 9,89% a tasa efectiva mensual vencida

Solution

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Math Problem Analysis

Mathematical Concepts

Financial Mathematics
Interest Rate Conversion
Compound Interest

Formulas

(1 + i_{\text{trimestral}})^{\frac{1}{n}} = 1 + i_{\text{mensual}}
(1 + 0.0989)^{\frac{1}{3}} - 1

Theorems

Equivalent Rate Conversion Theorem

Suitable Grade Level

Undergraduate Finance or Economics