- 8 01 9 What Is The Effective Annual Rate Of Interest If 1000 00 Grows To 1400 00 In Five Years Compounded Monthly The 1 (23.16 KiB) Viewed 23 times
8 01 9 What is the effective annual rate of interest if $1000.00 grows to $1400.00 in five years compounded monthly? The
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8 01 9 What is the effective annual rate of interest if $1000.00 grows to $1400.00 in five years compounded monthly? The
8 01 9 What is the effective annual rate of interest if $1000.00 grows to $1400.00 in five years compounded monthly? 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.)