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Posted: **Wed Jul 06, 2022 6:21 am**

: Given F 750 P 500 N 4 Years Find The Annual Interest Rate If Rate Is Compounded Monthly Answer 10 179 O 10 897 O 1 1 (113.7 KiB) Viewed 18 times

Given F-750, P-500, n-4 years, find the annual interest rate if rate is compounded monthly. Answer 10.179% O 10.897% O 10.898% O 10.786% F=P(1 + i)^ 1.5 = (1+i)" ۱۳ √₁5 = ""JUTTY = 1.10668 = 171 i +1 = 1.10668 Help? i=1-10668-1 i = 0.10668 192 X/007. i= 10.668 1= 10.67 Not Answer