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PREFINAL EXAMINATION Bus Fin
PREFINAL EXAMINATION Bus Fin
PREFINAL EXAMINATION Bus Fin
PREFINAL EXAMINATION
ABM 4 – Business Finance
NAME: ________________________________COURSE-YEAR-SECTION:____________ DATE:__________SCORE:_________
1. What is the inflation rate in the Philippines as of October 2022? Is is high or low? Why?
3. What is the formula for effective annual interest rate? Why you should know how to calculate effective annual
interest rate?