### The monthly interest rate and nominal annual interest rate

##### Reference no: EM131245495

Josh borrows \$1000. To repay the amount, he makes 12 equal monthly payments of \$93.12. Determine the following:

a. Draw the cash flow diagram

b. The monthly interest rate

c. The nominal annual interest rate

d. The effective annual interest rate

#### End of the academic year with degree in engineering

Josh is graduating at the end of the academic year with a BS degree in engineering. He already had an offer with a good company for \$58,000. He has learned that those who cont

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#### Using another form of intellectual property protection

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#### Game is not sold out at the profit maximizing price

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