- Sue Li Deposited 200 00 Into A Savings Account That Compounded Interest Monthly What Nominal Annual Rate Compounded Mo 1 (9.58 KiB) Viewed 98 times
Sue Li deposited $200 00 into a savings account that compounded interest monthly. What nominal annual rate compounded mo
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
Sue Li deposited $200 00 into a savings account that compounded interest monthly. What nominal annual rate compounded mo
Sue Li deposited $200 00 into a savings account that compounded interest monthly. What nominal annual rate compounded monthly was earned on the investment if the balance was $575.30 in five years? The nominal annual rate of interest is% per annum compounded monthly (Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed)