What is the effective annual rate of interest if $1200.00 grows to $1500.00 in two years compounded semi-annually? The e

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

What is the effective annual rate of interest if $1200.00 grows to $1500.00 in two years compounded semi-annually? The e

Post by answerhappygod »

What Is The Effective Annual Rate Of Interest If 1200 00 Grows To 1500 00 In Two Years Compounded Semi Annually The E 1
What Is The Effective Annual Rate Of Interest If 1200 00 Grows To 1500 00 In Two Years Compounded Semi Annually The E 1 (19.47 KiB) Viewed 71 times
What is the effective annual rate of interest if $1200.00 grows to $1500.00 in two years compounded semi-annually? The effective annual rate of interest as a percent is%. (Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed.)
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”