- Find The Nominal Annual Rate Of Interest For The Following Investment Principal 1136 00 Future Value 1474 49 Time Due 1 (22.21 KiB) Viewed 94 times
Find the nominal annual rate of interest for the following investment. Principal $1136.00 Future Value $1474.49 Time Due
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Find the nominal annual rate of interest for the following investment. Principal $1136.00 Future Value $1474.49 Time Due
Find the nominal annual rate of interest for the following investment. Principal $1136.00 Future Value $1474.49 Time Duel 2 years Frequency of Conversion monthly The nominal annual rate of interest is % compounded monthly. (Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed.)