What Is The Effective Annual Rate Of Interest If 800 00 Grows To 1300 00 In Five Years Compounded Quarterly The Effec 1 (129.41 KiB) Viewed 35 times
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What is the effective annual rate of interest if $800.00 grows to $1300.00 in five years compounded quarterly? 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.) BIE
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